LIC Housing Finance, a premier housing finance company in India, will be announcing its third quarter financial results today, Jan. 14, 2015.

Angel Broking expects NII to increase by 19% yoy to Rs 5.82 billion, while non-interest income is expected to grow by 13% yoy to Rs 380 million. Operating expenses are expected to increase by 18.3% yoy to Rs 867 million, while Provisioning expenses are expected to be Rs 247 million.''

''Overall, we expect PAT to increase by 12.1% yoy to Rs 3.67 billion. We recommend a Buy rating on the stock with a target price of Rs 533,'' it added.

Shares of the company declined Rs 0.60, or 0.13%, to trade at Rs 462.10 at the BSE (10.55 a.m., Wednesday).