October 4, 2022

Market and Financial News

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The elephant that can’t dance! Emkay initiates coverage on LIC with 12-month target below IPO price

1 min read

LIC’s dominant size in the industry – cornering over 60 per cent market share – is also a problem, Emkay says, as it hides operating challenges. LIC’s dominant share in the single-premium group fund management business artificially inflates its market share and deflates some of its cost ratios, it said.



2022-06-02 07:18:09

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