LIC Housing Finance Shares Surge for Third Consecutive Session

LIC Housing Finance Ltd. shares were trading at Rs 575.65 on the NSE, a 3.91% intraday gain as of 12:49 IST. Over the past year, the stock has risen 3.87%, outpacing the NIFTY’s 3.24% decline and the Nifty Financial Services index’s 0.83% loss.

The housing finance provider extended its winning streak to three consecutive sessions, with shares climbing 3.91% to Rs 575.65 by 12:49 IST. The NIFTY benchmark added roughly 0.28% to 23,940.4, while the Sensex rose 0.71% to 76,696.56. Over the past month, LIC Housing Finance Ltd. has surged about 12.42%.

The Nifty Financial Services index, which includes LIC Housing Finance Ltd., gained 2.76% over the month and was up 0.7% to 25,923.05 at the time of reporting. Trading volume for the stock reached 5.158 million shares, surpassing the daily average of 2.884 million shares over the past month.

The September futures contract for the stock was quoted at Rs 573, a 3.1% intraday rise. Year‑to‑date, LIC Housing Finance Ltd. has climbed 3.87%, outstripping the NIFTY’s 3.24% fall and the Nifty Financial Services index’s 0.83% decline.

The stock’s price‑to‑earnings (P/E) ratio stands at 5.32, based on trailing twelve‑month earnings ending 26 June.

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