The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard’s premium income remains flat.
Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHEL
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit