Thursday, November 07, 2024

World Business News

LIC IPO: A long-term play or should you bet for listing pop?

LIC IPO: A long-term play or should you bet for listing pop?

New Delhi: Initial Public Offering (IPO) from Life Insurance Corporation (LIC) continues to attract retail investors, including employees and policyholders, which include the top bidder for this problem so far.
Despite falling premiums in the gray -gray market, the intense selling action in the global market, the problem of increasing the level and concern of inflation, LIC holds its charm.

The majority of market experts say that LIC is a long -term game and investors must submit an offer for this problem in accordance with their funds and risk tastes. However, people cannot bet on problems for the list of profits.

VK Vijayakumar, Head of Investment Strategy at Geojit Financial Services, said that the list listing is possible in LIC because the assessment is interesting. The medium -term prospects also look good, he added.

Many other stocks now look attractive after correction. An important trend in the market is a preference for the value of stocks rather than growth stocks, “Vijaykumar said.

Even Ajit Mishra, VP Research. Religare believes in the second opinion and adding big problems not to include profits. A person must invest in a good company for the long term and LIC is among them.

Investors must exceed this problem, if the funds allow, even though pessimism in the market because the assessment supports the insurance giant, “he added.

The government assesses LIC in RS 6 Lakh Crore, which is 1.12 times the embedded value (EV) of Rs 5.4 Lakh Crore. The embedded value is a measure of the value of the consolidated shareholder in the insurance company.

Santosh Meena, Head of Research, Swastika Investmart said that the LIP assessment with a discount compared to ..

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