Three large private life insurance companies, ICICI Prudential Life Insurance, HDFC Life Insurance and SBI Life Insurance, have seen their stocks rallying by 70-100 percent from their 52-week low price seen in March 2020. But the financial performance of all these life-insurers was tepid in the first quarter of FY21 as their business was impacted by the pandemic. … [Read more...] about Ideas For Profit | Which life insurance stock offers better value for investors?
Reports suggest that investment in ETFs has seen a sharp rise in the recent past. Investors are moving away from actively-managed equity funds. In June, ETFs saw inflows of Rs 4,092 crore, four times higher than the previous month. … [Read more...] about 3 Point Analysis | Why are investors opting for ETFs?
The index was launched in July 2017 and currently has high allocation to defensive sectors such as consumer goods (35.48 per cent), pharma (25.84 per cent) and Information technology (10.71 per cent). The portfolio’s price to earnings ratio stands at 29.11, while the price to book ratio is 5.03. The valuations are on the higher side. … [Read more...] about ICICI Pru Alpha Low Vol 30 ETF NFO: Should you invest?
Shashank Kanodia, Analyst, ICICI direct said: "Yes certainly, auto numbers in July 2020 signal recovery from COVID-19 induced shock. The recovery however is being led by the rural and semi-urban focussed segments namely tractors and motorcycles. At the retail level for the industry, volumes are back at near 65 percent of pre-COVID levels. Domestic three-wheelers as well as M&HCV segment however are yet to see meaningful recovery." … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about D-Street Talk: Saurabh Mukherjea gives a low-down on how he picks winners for Kings of Capital portfolio