comparemela.com

Latest Breaking News On - Life insurance co - Page 2 : comparemela.com

INDIA STOCKS-Indian shares fall as heavyweight financials, IT stocks drag

Indian shares opened lower on Wednesday, dragged by losses in heavyweight financials and information technology stocks, while uncertainty around domestic election results and the timing of U.S. rate.

LIC stock is available at a discount So why aren t investors piling in?

LIC has a market-capitalisation-to-embedded-value of just 0.9 as against 2 to 2.6 for HDFC Life Insurance, ICICI Prudential Life Insurance, and SBI Life Insurance. While there is scope for the valuation discount to narrow, the process could be gradual at best.

vimarsana © 2020. All Rights Reserved.