ilmscore | LIC: Selling storm or buying opportunity? | CA Rachana Ranade

LIC: Selling storm or buying opportunity? | CA Rachana Ranade

Published: 2024-03-27
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The Indian government will need to reduce its holding in LIC from 96.5% to 75% by 2032, indicating no immediate selling pressure from the government.
"so what 2032 will be the time frame where you will the government will have to ensure that their holding is pulled down from 96.5% to 75% in simple words I hope you have understood that there is no immediate selling pressure that can come up in LIC of India"
LIC
Pending
LIC's market cap to embedded value ratio of 0.87 is significantly lower than its peers (SBI Life, HDFC Life, ICICI Pru), suggesting a comparatively lower valuation.
"if you have a look at this data you'll see that be it SBI life HDFC life or ICICI Pru all the market cap by Indian embedded value these stand at more than two whereas if I'm talking about LIC that's less than one it's just at .87 so definitely the valuation is lower as compared to its peers."
LIC
Pending
An increase in the sale of non-par policies for LIC, from 9.45% to 14.04%, is a positive indicator for the company's profitability.
"so if more and more non par policies are sold will that be a positive sign for the profitability of the company answer is yes and that is why I'm so happy when I'm saying that it has gone up from 9.45% to 14.04%"
LIC
Pending
LIC's Value of New Business (VNB) margin has improved from 14.6% to 16.6%, with net VNB increasing from ₹5,478 crores to ₹5,938 crores.
"what is the margin it's it has gone up from 14.6% to 16.6% and if I'm talking about net VNB in numbers it has gone up from 5,478 to 5,938 and both these are rupees in crores"
LIC
Pending
LIC's persistency ratio has shown year-on-year improvement in the 9-month FY24 period compared to 9-month FY23, across most tenure brackets (e.g., 13th month, 25th month).
"but that's not how you analyze it okay because ideally it is in a decreasing trend as as as in how the number of years keep on increasing you should compare it on a uh year on-ear basis right 9 months 24 versus 9 months 23 and every single parameter be it 13 month 78 it's higher as compared to 77.6 month, 25th month 71.9 to higher as compared to 71.3 to you you can just check majority of the cases not all cases but majority of the cases it is higher as compared to the previous year"
LIC
Pending
Total premium collected by LIC has decreased by 5.69%, with total Group business premium declining by 20.28%.
"total premium collected that itself has dropped by 5.69% that's a big number right and if you have a look at total Group business premium that has gone down by 20.28%"
LIC
Pending
LIC has lost market share, with a 6.48% decrease in premium market share and a 2.29% decrease in policy market share.
"market share in the premium has gone down by 6.48% and market share in the policies has gone down by 2.29%"
LIC
Pending
LIC's total Annualised Premium Equivalent (APE) has decreased by approximately 4.67%.
"total annualized premium equivalent that has gone down by almost 4.67%"
LIC
Pending
The level of approximately 920 is identified as a crucial resistance level for LIC based on technical analysis, as it previously acted as a support and has now broken down from it.
"so this this point of what 920 roughly is going to be a crucial level. If you found some value in today's video don't forget to share this video with your friends don't forget to smash the like button"
LIC
Pending