The share of Unit-Linked Insurance Plans (ULIPs) is likely to rise, in lockstep with the surge in stock indices, slowing the growth in Value of New Business (VNB) margins.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of