Independent Analyst Anand Tandon views insurance as a core area for long-term growth. He notes India is no longer underinsured in policy numbers, but policy values have potential. He suggests separating insurance from investment, favoring protection-focused policies. Tandon sees growth opportunities in life insurance and LIC’s shift to non-participating policies.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.