See upside in LIC Housing Finance: Neeraj Deewan

Jan 21, 2014, 05.01 PM IST

According to Neeraj Deewan, Director at Quantum Securities, one may see decent upside in LIC Housing Finance.

Tags  Neeraj Deewan, Quantum Securities , LIC Housing Finance, Zydus Wellness

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See upside in LIC Housing Finance: Neeraj Deewan

According to Neeraj Deewan, Director at Quantum Securities, one may see decent upside in LIC Housing Finance.

Like this story, share it with millions of investors on M3

See upside in LIC Housing Finance: Neeraj Deewan

According to Neeraj Deewan, Director at Quantum Securities, one may see decent upside in LIC Housing Finance.

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Neeraj Deewan, Director at Quantum Securities told CNBC-TV18, "We are positive on the housing finance sector because we are seeing a 19-20 percent disbursement growth going ahead also. So,  LIC Housing is rightly priced. There is a decent upside which is possible for a long term investor in LIC Housing."

He further added, "Among the FMCGs there is a company called  Zydus Wellness which is also under our coverage. Also seeing the valuations FMCG is trading at, this company is still at a very decent valuation of 15-16 times FY15. So, this would be another one which is good investment for a long term basis."

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