LIC Housing Finance shares in focus as board approves Rs 1.23 lakh crore borrowing plan for FY26

LIC Housing Finance's board approved a borrowing plan of Rs 1.23 lakh crore for FY26 through various loans and bonds. The company reported a 23.1% increase in Q3 net profit to Rs 1,432 crore. Shares closed at Rs 521.2 on Wednesday, and analysts recommend a 'Buy' with an average target price of Rs 717.