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 Pranav Salgaonkar's Stock Idea
Pranav Salgaonkar is Bullish on LIC Housing Finance Ltd.
Idea Submitted on 18Nov,2020
  • 1 Total Ideas
  • 1 Active Ideas
  • 0 Closed Ideas
  • 0 Friends
  • 0 Followers
  • Avg. Returns
     3.5%
    Success Rate
      100%
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      Buy LIC Housing Finance Idea
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      Idea Status :  Active
    Idea is Open
     Time Frame
    9months
     Start Price
    318.85
     Target Price
    500
     Stop Loss
    275
     Projected Gain
    181.15 (56.81% Upside)
     Live Returns
    11.15     3.5%
     Analysis
    With many housing finance companies suffering due to perception and management issues, this company can raise funds and sustain growth. With interest rates at lowest levels and WFH gaining traction, demand for residential housing is bound to shoot up. Valuation are lowest in last 10 years on historical PE basis. Though NPAs may shoot up in short term, growth runway is very long.
     Stock Price Movement (EOD Basis)
     C.M.P LIC Housing Finance
    330
    Sentimeter
    Buy Calls: 17 Sell Calls: 3
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