01-01-1970 12:00 AM | Source: PR Agency
Quote on LIC listing by Shivam Bajaj, Avener Capital
Below is quote on LIC listing by Shivam Bajaj, Founder & CEO at Avener Capital
"Despite the reduction in the pre-IPO valuation of LIC, the scrip has still listed at a discount on the bourses which is in tandem with the diminution in insurance companies’ valuation and softness in the markets due to macro-economic constraints. However, given the attractive fundamentals, stability in operating metrics and expected recovery in the markets, we can potentially see some buying interest from investors''
Above views are of the author and not of the website kindly read disclaimer
Latest News
MCX Silver is likely to trade with positive bias dur...
Gold inches up after weak data fuels US rate cut bets
Rupee to inch up on relief for Asia FX after weak US...
Asia stocks hit 27-month top, dollar slips on rate c...
Indian shares set to open higher; IT stocks in focus
Buy Clean Science and Technology Ltd For Target Rs.1...
Buy Somany Ceramics Ltd For Target Rs.950 By JM Fin...
Buy Gold Above 72200 SL BELOW 71900 TGT 72550/72800 ...
Indian startups raised nearly $7 billion in first ha...
Committed to learning from India how to make AI more...
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing week Says Mr. Ajit Mishra, Religare Broking
Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services
Monthly Debt Market Update, September 2023: CareEdge Ratings
More News
25,119 projects sanctioned by AIF, Rs 11,722 crore disbursed
Quote on Gold from Mr. Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
Sensex touched the historical levels of 50,000 today By Motilal Oswal, Motilal Oswal Financial Services
Reaction Quote - RBI Government Proposed to Establish Cloud Facility for FIs in India by V. Balasubramanian, CEO, FSS Cash Tech