Watch this "FULL VIDEO" to earn 3 crores with an investment of 25K in few years video:
Click here to watch FULL VIDEO
Life Insurance Corporation of India (LIC) will open its public issue for subscription next week
with few analysts giving a ‘Subscribe’ rating to the issue, thanks to cheaper valuation compared
to listed insurers. Anand Rathi, Religare Broking, Marwadi Financial Services and Samco Securities
have given ‘Subscribe’ ratings.
LIC has been consistently losing market share to private peers. Currently, LIC holds 64 percent market
share in terms of total life insurance premium. It grew at a compounded annual growth rate (CAGR) of
9 percent during FY16-21, while private insurers grew at 18 percent.
LIC has admitted that at times its actions at the behest of the government could be contrary to
shareholders’ interest. Previously, LIC has bailed out the initial public offerings (IPOs) of
Bharat Dynamics Ltd and Hindustan Aeronautics Ltd in 2018. The firm also bought IDBI Bank,
which was reporting losses continuously due to a surge in bad loans. LIC had infused Rs 21,600 crore
for 51 percent stake in IDBI Bank. In 2019, another Rs 4,743 crore was infused in the bank.
LIC doesn’t have a strong digital presence and 90 percent of its policies are sold by agents.
The company’s draft papers showed that just 36 percent of individual renewal premiums were collected
digitally, compared to over 90 percent for private players. Analysts said that if this trend continues,
then total cost is likely to increase for LIC, going forward.
Investing in digital collection systems is a one-time cost, whereas physically investing in branches and
resources to collect actual cash will be more expensive. Analysts are worried that persistently
weak digital presence could keep costs high as agents typically receive high commissions.
LIC is also sitting on a mark-to-market (MTM) loss of Rs 6,028 crore. LIC said in its draft papers that
of the Rs 11,265 crore worth of debt papers of mispriced insurance policies, papers worth Rs 5,351 crore
are non-performing assets (NPAs) for which full provisioning has been done at an amortised cost, and if this
transaction is shown in the balance sheet, LIC would have to show a loss of Rs 6,028 crore. Analysts are now
watching how LIC will adjust this MTM loss in its balance sheet.
In April month F&O series,we gave 15 successful trading tips to 'bullsStreetCasino' subscribers.These tips include double money tips,triple money tips,mini jackpot tips and jackpot tips.
If you have a working capital of around Rs 1 Lakh and willing to do selective positional trading,you can subscribe to bullsStreetCasino. Now the bullsStreetCasino tips are given through whatsapp.
Subscription details:
bullsStreetCasino positional stock option tips:Rs 1.65 Lakhs per year
or Rs 65555 per month.
Remit subscription to the following bank a/c:
Name of the current a/c:bullsStreet
Current a/c No:0500386000000076
Name of the bank:Lakshmi Vilas Bank Ltd
IFSC code:DBSS0IN0500
Remit by IMPS or NEFT from any bank a/c
or Remit thorugh GPay or PhonePe or PayTM or AmazonPay to:9843637728
After remitting subscription,send your name,place,Email ID along with payment details by whatsapp to:9843637728
Disclaimer apply.There is no guarantee.There is no warranty.There is no refund of subscription paid under any circumtances. All trading tips are given in 'bullsStreetCasino' online magazine are only for academic learning purpose only.
Watch this "FULL VIDEO" to earn 3 crores with an investment of 25K in few years video:
Click here to watch FULL VIDEO
ConversionConversion EmoticonEmoticon