Hot Stocks: Brokerage view on LIC, Biocon, Divi’s Laboratories and Bandhan BankKotak Institutional Equities recommended a sell on Divi’s Laboratories with a target price of Rs 3025. The company recorded a weakness in t...
Bajaj Finserv Q2 Results: Net profit jumps 24% YoY to Rs 1,929 crore; revenue rises 25%Against the backdrop of upbeat macroeconomic conditions, Bajaj Finserv said its subsidiaries recorded a strong operating performance in the...
Bajaj Finserv Q2 Results: Profit jumps 39% YoY to Rs 1,557 croreBajaj Finserv, which is the holding company for the various financial services businesses of the Bajaj group, said Bajaj Allianz General In...
Buy SBI Life Insurance Company, target price Rs 1,430: JM FinancialThe brokerage expects a 20% EV CAGR over FY22-24E driven by NBV CAGR of 22% on the back of improving margins to ~27.5% levels into FY24E. I...
As holdco discount widens to 55%, this stock looks poised for reboundThe scrip, which has no ‘sell’ call as of today, has been a consistent performer, rallying 23-132 per cent annually in nine out of last 11 ...
Buy SBI Life, target price Rs 860: JM FinancialSBI Life is better placed to weather the Covid-19 disruption given significant brand equity, an expansive multi-channel, pan India distribu...
Looking for post-Covid themes to invest in? List life insurance stocks on topStocks from this sector are down up to 30 per cent year to date.
Analyst Calls: HDFC Life, ZEEL, Just Dial, Kajaria, Torrent PharmaEdelweiss has downgraded Just Dial to hold and revised target price to Rs 740 from Rs 680.
Buy ICICI Prudential Life Insurance Company, target Rs 515: JM FinancialBuy ICICI Prudential Life Insurance Company Ltd. at a price target of Rs 515.0 .
Life insurers' shares plunge on proposed change in direct tax lawThe Finance Ministry constituted a task force for redrafting the direct tax law.
Why are insurance stocks bleeding? Businesses face a hit and how!The increase in tax rate will have one-time impact on embedded value of the insurers.
ICICI Pru fully valued versus Asian peers: HSBCHSBC said the country’s largest private insurer is trading at a price to enterprise value of 2.9 times, compared to AIA Group’s 1.7 times.
RBI allows AIFIs to reverse excess provision on sale of non-performing assetsIn the February this year RBI had extended similar kind of dispensation of reversing the excess provision on sale of NPAs sold prior to Feb...
RBI gives more leeway to banks on NPAs salesThe Reserve Bank of India today extended the time-frame to spread over the shortfall arising out of sale of bad assets to securitisation co...
NPA sales: RBI issues new norms, includes pre-Feb 2014 salesToday, the apex bank said new guidelines will be applicable if only the excess is for a value higher than the bank's Net Book Value (NBV).
Agro economy of north east region to face flood devastation againDespite many flood controlling authorities or their projects, flooding and inundation are likely to continue this year too.
- Low power costs to boost Nava Bharat Ventures' Q3 growth
The company will commission a 64-MW power plant, sign up a ferro chrome-tolling agreement with Tata Steel and start coal mining in Africa.