LIC Housing Finance's Stock Gains 3.56%, Outperforms Sector and Sensex

LIC Housing Finance, a leading housing finance company in India, has been making headlines with its recent stock performance. On June 25, 2024, the company's stock gained 3.56%, closing at Rs 750.8. This positive movement has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock is currently trading close to its 52-week high of Rs 759.8, with only a 1.27% difference. This shows the strong performance of LIC Housing Finance in the market. In fact, the stock has outperformed the sector by 1.45% today, indicating its strength in the finance industry.

Not only that, but the stock has also been on a consecutive gain for the last 2 days, with a 2.58% increase in returns during this period. This is a positive sign for investors, as it shows the company's consistent growth.

LIC Housing Finance's intraday high of Rs 750.8, which is a 2.18% increase, further adds to its impressive performance. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, LIC Housing Finance has outperformed with a 1-day performance of 3.64% versus Sensex's 0.79%. Similarly, in the last month, the stock has shown a 17.37% increase, while the Sensex has only grown by 3.37%.

Overall, LIC Housing Finance's recent stock performance has been impressive, with strong gains and outperforming the market. This makes it a promising investment option for those looking to invest in the finance industry.