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Broker’s call: LIC India (Buy)

Reported by: BusinessLine ·

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LIC

Summary

BusinessLine published a broker's call on LIC India carrying a Buy view. The outlet reported that VNB came at ₹3,710 crore and grew around 17% year-on-year, but was materially below the broker's estimate of ₹4,240 crore. VNB, or value of new business, is a life insurer's measure of the profit expected from policies sold in a period; year-on-year means compared with the same period a year earlier. The headline gives no quarter or date for the figure. This is the analyst's view, not Hypeless's.

AI summary of what BusinessLine reported. AI can make mistakes. Read the full story on BusinessLine

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BusinessLine  · · Tone 0

Broker’s call: LIC India (Buy)

VNB at ₹3,710 crore grew around 17% y-o-y but was materially below our estimate of ₹4,240 crore

Some headlines quote an analyst. Those views are theirs, not ours.

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