Brokerages bullish on LIC Hsg Fin despite weak Q4 results – Know why, check target price here
Despite marginally weak fourth-quarter results, the brokerage firms are bullish on LIC Housing Finance shares, and raised the price target. The company on Tuesday reported a fall in net profit in the last quarter of fiscal 2021 (FY21) amid an impairment spike on the financial instruments.
At around 11:15 am, the stock declined by around three and half per cent to Rs 504.5 per share: PTI