As with most NBFCs, LIC Housing Finance’s performance in the current fiscal was impacted due to the pandemic. However, it has seen a short pick-up in the business activity as reported in the last quarter.

Going by the trend, disbursements are likely to see a sharp recovery in the second half of the current fiscal. LIC Housing Finance’s portfolio risk is very less as compared to its peers and this is mainly due to its asset mix with housing finance segment constituting around 93 percent of its total loan book.

Moneycontrol.com’s Neha Dave gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.

Watch the video for more

(Edited by : Priyanka Rathi)

First Published:Jan 27, 2021 11:34 AM IST