LICHSGFIN
28.01.2022 - MS on Lichsgfin Maintain Underweight CMP 346.70 Target 345
CITI ON LIC HOUSING : 30.07.2021
* Citi maintains Buy call on LIC Hsg
* PAT Below Est Due To Higher Provisions & Opex
* Requirement of Any Further Wage Revision Provisions Is A Key Question
* Classification Of Restructured Loans, Non core Factors Dragging NIM Is A Key Question
* MAINTAIN BUY TARGET: 565
MACQUARIE ON LIC HOUSING : 30.07.2021
* Macquarie maintains Outperform call on LIC Hsg even after a weak set of earnings
* MAINTAIN OUTPERFORM TARGET: 600
* Weak Quarter; Asset Quality Disappoints
* PAT Below Est Due To Lower Int Income, Elevated Staff Costs & Provisions
• Margin Declined 12 bps YOY Mainly Due To Interest Reversals
NOMURA ON LIC HOUSING : 17.06.2021
* MAINTAIN BUY TARGET: 625
* Nomura maintains Buy call on LIC Hsg with target being raised to Rs 625/sh
• Mixed Quarter; Asset Quality Disappoints Again
* Further Re-rating Contingent On Asset Quality Delivery
* Valuation Not Expensive For 14% ROE Profile
CLSA ON LIC HOUSING : 16.06.2021
* MAINTAIN BUY TARGET: 700
* LIC Housing's asset quality a key negative surprise, CLSA maintains BUY on inexpensive valuations
• Asset Quality A Key Negative Surprise
• Preferential Allotment To LIC Would Lower Leverage To 9x From 10x
* Maintain Buy On Inexpensive Valuations
MACQUARIE ON LIC HOUSING : 16.06.2021
* MAINTAIN OUTPERFORM TARGET: 600
* Capital raise is a welcome move for LIC Housing; growth seems to be making a comeback, Macquarie
* Highest Ever Disbursement; NPLs Sour Mood
* Preferential Allotment of 2,300 Cr Of Equity To Promoter LIC
*Capital Raise A Welcome Move With Growth Seems To Be Making A Comeback
