Earlier when Rediff had the stock market discussion board ( like this present one ) I used to come online as this format is good for exchanging views.
For several months I used to recommend LIC Housing Finance - that was at a time when it was well below Rs. 200.
My investments have paid off. But I am a long term player and hence do not intend to book profits now.
My advice is - LIC Hsg Fin is STILL good. Maybe Rs. 370 - 380 looks expensive. But if you get a decline - grab it. Rs. 350 could be good and in case of a market crash you get it at Rs. 300 then buy it BLINDLY. This company will be the future HDFC. You can comfortably look at a price of Rs. 1200 by end 2009.
