LIC Housing Finance Stock Sees Positive Trend, Outperforms Sector by 1.24%

LIC Housing Finance, a leading housing finance company in India, has seen a positive trend in its stock performance on October 23, 2024. The stock has gained 3.68% on this day, outperforming the sector by 1.24%. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock touched an intraday high of Rs 604.9, showing a 2.88% increase. However, LIC Housing Finance is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bearish trend in the stock.

In the finance-housing sector, LIC Housing Finance has gained by 3.87%, showing a positive trend in the sector. The stock's performance has also been better than the overall market performance, with a 1-day performance of 3.68% compared to the Sensex's 0.24% performance. In the past month, the stock has seen a decline of 10.47%, while the Sensex has declined by 5.32%.

LIC Housing Finance is a largecap company in the finance-housing industry, known for providing affordable housing finance solutions to customers. With its positive stock performance and a 'Hold' call by MarketsMOJO, investors may want to keep an eye on this company for potential investment opportunities.