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The cryptocurrency markets were trading in the red on Friday, with Bitcoin falling 1.13% to $26,908 and Ethereum above the $1,800 level. BTC volume stood at approximately $14.9 billion, falling 0.58% in the last 24 hours. Other top crypto tokens were also trading lower.

Promoters held 66.45 per cent stake in the company as of 31-Mar-2023, while FIIs owned 3.87 per cent, DIIs 22.18 per cent.

The stock quoted a 52-week high price of Rs 652.2 and a 52-week low of Rs 412.2.

​In the first nine months, the BFSI space led the entire show with almost 50% earnings growth, that is seeing moderation and the BFSI 63 companies have shown about 21% earnings growth.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20286.32 Crore) operating in NBFC sector.

Promoters held 0.22 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 36.39 per cent and 27.88 per cent, respectively.

Coromandel International is a stock that has underperformed the Nifty50 by more than 10% during the past 12 months. However, the weekly and monthly strength indicator RSI remains in bullish terrain, which signals growing strength in the stock. This could trigger an upward move resulting in a potential gain of Rs 200 per share.

So we have seen over the last five, six years that centre and state have done the heavy lifting and we are seeing early signs of private sector capex also coming back.

​There is a need and that need is being fulfilled with good products. Of course, the product has to be good, the location has to be good and at the same time we have to make sure even the pricing is absolutely right. So, if we get that mix right, I believe that business will go on, but the traction on ground is excellent.

Given the strong business model and long-term growth prospects, the brokerage maintains its Buy recommendation on the stock with an unchanged price target (PT) of Rs. 215.