On a year-to-date basis, the stock has delivered 15% returns to investors. Axis Securities has a buy call on the stock with an upside of Rs 291-310 levels and the holding period is three to four weeks.
LIC’s weak show weighs on Life Insurers’ Dec biz
The life insurance industry saw a 4.8% year-on-year growth in Retail Annualized Premium Equivalent (APE) for December 2024, hindered by a 13% decline in LIC’s