LIC Housing Finance Share Price Target: LIC Housing Financing Ltd. (LICHSGFIN) is a significant housing financing company in India that supports the development of real estate and the housing industry. LICHSGFIN share price projections in the following years are of interest to investors, capitalizing on India’s economic development and expanding housing demand.
We’ll study LIC Housing Finance fundamentals, expert projections, and share price goals for 2024, 2025, 2030, 2040, and 2050.
What is LIC Housing Finance Ltd NSE: LICHSGFIN?
The Life Insurance Corporation of India owns LIC Housing Finance Ltd., which is listed on the National Stock Exchange of India as LICHSGFIN. LICHSGFIN, founded in 1989, is one of India leading housing finance businesses, providing various home loan solutions to individuals and corporations.
Fundamental Table
Metric | Value |
Market Cap | ₹36,706 crore |
P/E Ratio | 7.73 |
EPS | ₹86.33 |
Dividend Yield | 1.35% |
ROCE | 7.46% |
ROE | 13.56% |
Debt to Equity | 9.97 |
Key Metrics Table
Metric | Value |
52 Week High | ₹826.75 |
52 Week Low | ₹432.00 |
Book Value per Share | ₹636.69 |
Price to Book Value | 1.05 |
Free Float | 59.97% |
Promoter Holding | 40.31% |
Peers & Comparison Table
Company | Market Cap (₹ Cr) | P/E Ratio | ROE (%) |
LIC Housing Finance | 36,706 | 7.73 | 13.56 |
HDFC | 513,160 | 27.17 | 15.86 |
PNB Housing Finance | 10,748 | 13.91 | 9.78 |
Can Fin Homes | 11,612 | 13.78 | 16.51 |
Indiabulls Housing Finance | 8,185 | 10.13 | 3.92 |
LIC Housing Finance share price Target Tomorrow
Price Type | Change |
Maximum | +₹21.63 |
Minimum | -₹42.25 |
LIC Housing Finance share price Target 2024
LIC Housing Finance will develop steadily in 2024 as India’s housing demand rises and the government promotes affordable homes. Revenue could rise as the firm expands its retail loan portfolio and improves asset quality. In 2024, we expect LICHSGFIN share price to be between ₹550 and ₹850.
Year | Minimum Price (₹) | Maximum Price (₹) |
2024 | 550 | 850 |
LIC Housing Finance share price Target Monthly Breakdown
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 500 | 650 |
February | 600 | 700 |
March | 550 | 650 |
April | 620 | 700 |
May | 600 | 690 |
June | 600 | 800 |
July | 750 | 800 |
August | 600 | 800 |
September | 650 | 750 |
October | 680 | 750 |
November | 700 | 800 |
December | 720 | 850 |
LIC Housing Finance share price Target 2025
LIC Housing Finance could profit from its excellent brand and rising digital lending uptake in 2025. The company’s technology and data analytics expenditures should pay off, raising share prices. We expect LICHSGFIN share price to reach between ₹700 and ₹1000 in 2025.
Year | Minimum Price (₹) | Maximum Price (₹) |
2025 | 700 | 1000 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 700 | 850 |
February | 710 | 860 |
March | 720 | 870 |
April | 740 | 880 |
May | 765 | 890 |
June | 775 | 900 |
July | 785 | 920 |
August | 795 | 940 |
September | 805 | 960 |
October | 815 | 980 |
November | 825 | 990 |
December | 850 | 1000 |
Share price Target 2030
LIC Housing financing is expected to dominate India’s housing financing business by 2030. The company’s long-term digital transformation, product innovation, and customer-centric attitude could boost revenue. We predict LICHSGFIN’s share price to reach between ₹1500 and ₹2000 by 2030.
Year | Minimum Price (₹) | Maximum Price (₹) |
2030 | 1500 | 2000 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 1500 | 1550 |
February | 1525 | 1575 |
March | 1550 | 1600 |
April | 1575 | 1625 |
May | 1600 | 1650 |
June | 1625 | 1700 |
July | 1650 | 1750 |
August | 1675 | 1800 |
September | 1700 | 1850 |
October | 1750 | 1900 |
November | 1800 | 1950 |
December | 1850 | 2000 |
Share Price Target 2050
Projecting 2050 share values requires conjecture owing to the lengthy time horizon. We may predict a range if LIC Housing Finance continues its growth track and reacts to market changes. LICHSGFIN may dominate the Asian housing finance sector by 2050, with a share price between ₹5000 and ₹7000.
Year | Minimum Price (₹) | Maximum Price (₹) |
2050 | 5000 | 7000 |
Month | Minimum Price (₹) | Maximum Price (₹) |
January | 5000 | 5200 |
February | 5100 | 5300 |
March | 5200 | 5400 |
April | 5300 | 5500 |
May | 5400 | 5600 |
June | 5500 | 5800 |
July | 5600 | 6000 |
August | 5700 | 6200 |
September | 5800 | 6400 |
October | 5900 | 6600 |
November | 6000 | 6800 |
December | 6200 | 7000 |
Should I buy LIC Housing Finance stock?
Year | Minimum Price (₹) | Maximum Price (₹) |
2024 | 550 | 850 |
2025 | 700 | 1000 |
2030 | 1500 | 2000 |
2050 | 5000 | 7000 |
Many variables must be considered while buying LIC Housing Finance shares. LIC, its parent firm, supports the home finance business’s strong loan portfolio and market position. These indicators predict long-term growth. Investors may also consider interest rate variations, regulatory changes, and housing financing competition. Before investing, study your financial objectives and risk tolerance.
LIC Housing Finance Ltd earning results
Revenue growth and profit margins have been consistent at LIC Housing Finance. Expanding its loan book while preserving asset quality has helped the company’s finances.
Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
Q1 FY24 | 5,979.89 | 1,301.95 | 23.64 |
Q4 FY23 | 5,768.91 | 1,180.29 | 21.42 |
Q3 FY23 | 5,870.08 | 480.30 | 8.72 |
Q2 FY23 | 5,600.80 | 305.83 | 5.55 |
Expert forecasts on the future of LIC Housing Finance Ltd.
Professionals are optimistic about LIC Housing Finance future. Many analysts expect the company strong brand, vast distribution network, and technology-driven expansion to fuel long-term success. Important expert projections include:
- Affordable housing expansion backed by government efforts.
- Cost reductions and financing mix may boost margins.
- Non-housing lending opportunities, especially loans against property.
- Future digital transformation advantages.
- Potential geographic and consumer growth.
Is LIC Housing Finance stock good to buy? (bull case & bear case)
Bull Case:
- Strong market position in India’s rising home financing industry
- Parent company LIC backing, stability, and trust
- Regular financial performance and good assets
- Affordable housing and non-housing loan growth potential
- Continuous digital efforts to improve efficiency and customer satisfaction
Bear Case:
- Interest rate risk impacting net interest margins
- Intense rivalry between banks and NBFCs in home financing
- Regulatory developments that might affect lending and profitability
- Possible asset quality issues during economic downturns
- Dependence on wholesale finance sources may affect liquidity in tight markets.
Conclusion
LIC Housing Financing Ltd. is a major housing financing company in India. The firm is poised for development due to its strong brand, wide distribution network, and technology-driven expansion. This article’s share price projections are based on current trends and expert analysis, but investors should remember that the stock market is unpredictable and vulnerable to internal and external influences. Before investing, you must study, assess your risk tolerance, and contact a financial expert.
FAQs
What is LIC Housing Finance’s main business focus?
LIC Housing Finance generally lends to individuals and corporations for residential property acquisition, building, and restoration.
How has LIC Housing Finance stock performed in recent years?
LIC Housing Finance stock has fluctuated due to interest rate fluctuations, regulatory changes, and market circumstances.
What are the key growth drivers for LIC Housing Finance?
Rising housing demand in India, government measures to encourage affordable housing, development in tier 2 and 3 cities, and digital financing platforms boost growth.
How does LIC Housing Finance compare to its competitors?
HDFC, PNB Housing Finance, and Can Fin Homes are competitors to LIC Housing Finance, which is a market leader.
What are the main risks associated with investing in LIC Housing Finance?
Main risks include interest rate swings influencing net interest margins, housing finance regulation changes, competition from banks and other NBFCs, and asset quality issues during economic downturns.
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