The slow loan book growth is the only lacuna in LIC Housing Finance, said Tribhuwan Adhikari, managing director and CEO of the firm. Adhikari added that the firm will look to achieve double-digit loan book growth in the coming financial year. Adhikari was addressing a media conference after the lender posted results for the quarter that ended in March 2024.
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The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 1,230.05 per share and a whopping 380% in 3 years. Veljan Denison Limited informed that the Board of Directors of the company has approved bonus shares in the ratio of 1:1 i.e., 1 new fully paid-up equity share of Rs 10 each for every 1 existing fully paid-up equity share of Rs 10 each held as of record date.
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