LIC Housing Finance (LICHF) is presently trading at Rs 223, up by 4.90 points or 2.25% from its previous closing of Rs 218.10 on the BSE. The stock opened at Rs 218.50, and touched a high of Rs 225 with a low of Rs 211.30. So far, 133,895 shares were traded on the BSE.

The BSE stock touched a 52-week high of Rs 390.80 and a 52-week low of Rs 151.

A wholly-owned subsidiary of the Life Insurance Corporation of India, LIC Housing Finance (LICHF) aims to provide loans of Rs 10,000 crore in the current fiscal against Rs 7,100 crore in the previous fiscal. So far, it has sanctioned Rs 5,500 crore and has already disbursed Rs 4,500 crore.

The company also intends to lower its Non-Performing Assets (NPA) to around 1.6% in this year over 1.7% in last year.

LICHF saw over 30% growth rate this year till date compared to the year ago period.