Hot Pursuit     30-Jan-20
LIC Housing Finance tumbles after Q3 PBT falls 13%
LIC Housing Finance slumped 4.86% to Rs 436.45 after the housing finance company reported dull Q3 numbers during market hours today, 30 January 2020.
LIC Housing Finance's consolidated net profit fell 0.83% to Rs 602.25 crore in Q3 December 2019 as against Rs 607.29 crore reported in Q3 December 2018. Total revenue from operations jumped 12.09% year-on year (YoY) to Rs 5005.36 crore in Q3 December 2019.

Profit before tax (PBT) for Q3 December 2019 (Q3 FY20) stood at Rs 751.36 crore, down by 13.8% against Rs 871.57 crore in Q3 December 2018 (Q3 FY19). Tax expenses fell 43.57% to Rs 149.14 crore in Q3 FY20 from Rs 264.28 crore reported in Q3 FY19.

The stock trades above its 100 days simple moving average placed at 421.3 while below its 50 days simple moving average placed at 444.23. These levels will act as support and resistance in near term.

LIC Housing Finance is one of the largest housing finance companies in India.

Previous News
  LIC Housing Finance consolidated net profit rises 281.64% in the September 2023 quarter
 ( Results - Announcements 02-Nov-23   07:33 )
  LIC Housing Finance Ltd soars 0.24%, rises for fifth straight session
 ( Hot Pursuit - 28-Jun-24   13:00 )
  LIC Housing Finance Ltd down for fifth straight session
 ( Hot Pursuit - 12-Mar-24   13:35 )
  LIC Housing Finance consolidated net profit declines 9.16% in the March 2024 quarter
 ( Results - Announcements 16-May-24   07:29 )
  LIC Housing Finance consolidated net profit rises 6.92% in the March 2023 quarter
 ( Results - Announcements 29-May-23   17:17 )
  LIC Housing Finance
 ( Results - Analysis 30-Jul-21   14:41 )
  Volumes jump at LIC Housing Finance Ltd counter
 ( Hot Pursuit - 04-Aug-23   14:30 )
  LIC Housing Finance director resigns
 ( Corporate News - 30-Jul-21   19:25 )
  LIC Housing Finance appoints MD cum CEO
 ( Corporate News - 04-Aug-23   12:51 )
  LIC Housing Finance consolidated net profit declines 0.66% in the December 2019 quarter
 ( Results - Announcements 30-Jan-20   15:58 )
  LIC Housing Finance
 ( Analyst Meet / AGM - Conference Call 30-Jul-21   17:08 )
Other Stories
  Adani Ports and SEZ bags LoI from Deendayal Port
  10-Jul-24   11:29
  Volumes soar at Delhivery Ltd counter
  10-Jul-24   11:01
  RVNL spurts on bagging multiple orders of Rs 390 cr
  10-Jul-24   10:58
  Bansal Wire Inds makes stellar debut; shares trade at 33% premium over issue price
  10-Jul-24   10:51
  Emcure Pharma makes strong debut on NSE; lists at 31% premium over issue price
  10-Jul-24   10:45
  Shilpa Medicare subsidiary’s Karnataka facility clears GMP inspection
  10-Jul-24   10:39
  Marathon Realty slumps after pre-sales volume drops 45% YoY in Q1
  10-Jul-24   10:11
  Utilties shares rise
  10-Jul-24   10:01
  Power shares rise
  10-Jul-24   10:01
  Real Estate stocks edge higher
  10-Jul-24   10:00
Back Top