LIC Housing Finance

Reasons for buying: 

PE was reasonable.

Buy PE of 8.55 is less than 10 years PE median of 12.28.

Earnings have been increasing in the last 9 years.

Return on equity is good.

The market cap of the company is 23,000cr.

Buy date: 02/19/2021

Qty: 21    Buy Price: 467.5    Buy EPS: 54.67    Buy PE: 8.55

The stock has dropped by 10% from my first purchase and EPS has not dropped so I added 23 more shares.

Buy date: 03/15/2021

Qty: 23    Buy Price: 417    Buy EPS: 54.67   Buy PE: 7.62

The stock has dropped by 20% from my first purchase and EPS has not dropped so I added 26 more shares.

Buy date: 04/19/2021

Qty: 26    Buy Price: 374    Buy EPS: 54.67    Buy PE: 6.84

Q4 results have not been released yet.

Disclaimer: The video is for educational purposes and for my friends and family. I am not a financial advisor and do not consider it as buy or sell. Taking advice from a random guy on the internet is harmful to your portfolio. I do not do a deep analysis of stocks I buy them just as a hobby.