Strong Q4 result generates interest in LIC Housing Finance

LIC Housing Finance gained 2.73% to Rs 308.25 on BSE on 33.41% jump in
net profit to Rs 157.55 crore on 28.1% increase in total income to Rs
806.08 crore in Q4 March 2009 over Q4 March 2008


The results were announced during market hours today, 23 April 2009.

Meanwhile, the BSE Sensex was up 170.21 points, or 1.58%, to
10,988.22.

On BSE, 6.48 lakh shares were traded in the counter. The stock hit a
high of Rs 308.90 and a low of Rs 296 so far during the day.

The company's current equity is Rs 84.99 crore. Face value per share
is Rs 10.

The current price of Rs 308.25 discounts the company's Q3 December
2008 annualized EPS of Rs 63.27, by a PE multiple of 4.87

LIC Housing Finance's net profit grew 37.30% to Rs 531.62 crore on
33.58% increase in total income to Rs 2903.34 crore in the year ended
March 2009 over the year ended March 2008.

The firm provides long-term finance to individuals for purchase/
construction/repair and renovation of new/ existing flats/houses. The
company also provides finance on existing property for business/
personal needs and gives loans to professionals for purchase/
construction of clinics/nursing homes/diagnostic centres / office
space.


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