10 Hot Stocks To Buy This Festive Season


4. LIC Housing Finance

LIC Housing Finance Limited is a housing finance company. The Company is engaged in the business of providing loans for purchase, construction, repairs and renovation of houses to Individuals, Corporate Bodies, Builders and Co-operative Housing Societies and has its operations within India.

The Company also provides finance to persons engaged in the business of construction and sale of residential properties. The Company’s subsidiaries include LICHFL Care Homes Ltd., LICHFL Financial Services Ltd, LICHFL Asset Management Company Ltd. and LICHFL Trustee Company Private Ltd. Its current market capitalization is 163,283 crore.

5. Shriram Transport Finance

Shriram Transport Finance Company, Ltd. is an India-based company that provides vehicle financing services. The Company mainly assists the Small Truck Owner industry by providing funding to pre-owned trucks for these drivers.

The Company has a network of 488 branches and service centers. The Company is the flagship company of the Shriram Group. In 2013, Sanlam Emerging Markets Ppty Ltd, a unit of Sanlam Ltds Sanlam Life Insurance Ltd, raised its stake to 10 percent from 6.3 percent, by acquiring a 3.7 percent stake in the Company. Also Piramal Enterprises Ltd acquired a 10 percent stake in Shriram Transport Finance Co Ltd. Now its current market capitalization is 20,840.77 Crore.