LIC Housing Finance - A consistent performer over 20 years

LIC Housing Finance Ltd. announced it's Q4 results on 18-Apr-2015. It's Q4 EPS is 7.5 and TTM EPS is around 27. It's trading at a P/E multiple of 16 and looking at these facts, its a good buy for long term investors who are NOT looking to double their investment in a year :-)

BUY LIC Housing Finance Ltd. with a target price of 520 in next 12 to 24 months (from today - 20-Apr-2015). It's CMP is 440 at the time of this blog being written. Hence, a possible upside of 20%.

Some facts about LIC Housing Finance Ltd.

• LIC Housing Finance Ltd. provides home loans to individuals for purchasing and constructing their houses and flats. Company also provides long term finance to Businesses willing to construct houses, office space, nursing facility and other such properties. 

• LIC of india is the primary promoter of the company. LICHF was made public in the year 1994 and since then, they have disbursed 139000 Crore of housing loans to Indian customers.

• They have one of the largest setup of representatives all over India. They employ more than 11000 representatives who spread their business in urban as well as rural India.

Disclaimer: This blog only expresses my views and talks about my analysis of the stocks. Please consult your financial adviser before buying or selling stocks. Stocks are risky investment instruments.

VRL Logistics IPO Updates

VRL Logistics launched it's IPO for 1.63 Crore shares on 15-Apr-2015. At the end of 17-Apr-2015 (Friday), the IPO was subscribed 74 times. Yes!! You read it right. It has been subscribed 74 times.

Issue Price - 195 - 205

Issue Open - 15-April-2015

Issue Close - 17-April-2015

Subscription - 74 times (demand for 120 Crore shares infront of offer of 1.63 Crore shares)

Allotment Date - 25-Apr-2015

Listing Date - Yet to be announced

VRL Logistics IPO Allocation happened on 25-Apr-2015 and the listing date is yet to be declared.

See this space for announcement of ALLOTMENT Date and LISTING Date.

Disclaimer: This blog only expresses my views and talks about my analysis of the stocks. Please consult your financial adviser before buying or selling stocks. Stocks are risky investment instruments.

Indusind Bank - Q4 2014 Results

Indusind bank released the Q4 2015 results today. The results are inline with most of the estimates given by brokerage houses. Here are some of the highlights of the results:

Profit After Tax = 495 Cr.

TTM EPS = 34

P/E ratio at CMP of 932 = 27

Net NPA = 0.31% (improvement against last quarter)

Profit has increased, NPA has decreased. A good candidate for your portfolio IF your investment horizon is around 24 months from now. Target 1050+.

Happy Investing...

Disclaimer: This blog only expresses my views and talks about my analysis of the stocks. Please consult your financial adviser before buying or selling stocks. Stocks are risky investment instruments.

Buy or Sell - Axis Bank

As of the date 16-Apr-2015, at the CMP of 545, AXIS BANK is trading at P/E of 18.5. If you look at the historical P/E of private banks, this looks on the higher side, and that is the reason Axis Bank came down to 545 from the highs of 655.

Looking at the chances of economy revival and RBI's rate cut possibilities, the first community to rip the benefits will be private banks. These banks have a huge portfolio of loans given to corporates. This fact gives them many opportunities like growth in loans, increase in margins and most important - reduced NPAs.

If an investor is looking at 24 months period, companies like Axis Bank, Yes Bank, Indusind Bank are best bets for 15% per year kind of gains (most likely better).

In next two years or so, I would expect Axis Bank to trade at around 700 per share [if no other international problems come up :-))) ]

WITH HORIZON OF 24 MONTHS, BUY AXIS BANK - TARGET 700.

Disclaimer: This blog only expresses my views and talks about my analysis of the stocks. Please consult your financial adviser before buying or selling stocks. Stocks are risky investment instruments.