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2024-10-18 07:27:17| The Economic Times

Asit C. Mehta brokerage firm has initiated coverage on the life insurance industry, highlighting its strong growth potential despite recent regulatory challenges and shifting consumer preferences.The sector continues to expand, driven by rising demand, increasing financial literacy, and regulatory efforts to boost product awareness.The firm believes that large private insurers are well-positioned to capture this growth.The brokerage firm initiated buy rating on HDFC Life Insurance, ICICI Prudential, SBI Life Insurance, and a hold rating on LIC of India, and Max Financial Services.

Category: News and Media

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2024-10-18 07:17:09| The Economic Times

Polycab Share Price: Polycab India's shares fell nearly 7% despite a 3.5% YoY net profit increase, driven by strong revenue growth but rising expenses. Analysts remain positive, with 'Buy' ratings from Motilal Oswal and Nuvama.

Category: News and Media

2024-10-18 07:14:49| The Economic Times

Nestle India's shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices ranging from Rs 2,350 to Rs 2,870.

Category: News and Media

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22.10 Meta combats celebrity scam ads with face recognition tech 22.10 Donald Trump courts Christian voters, days after vulgar remarks at a rally 22.10 Localisation will help Hyundai to position cars well in both IC & EV space in India: Tarun Garg 22.10 Rs 25 lakh pay per month not enough? Google techie's paycheck-to-paycheck survival shocks social media 22.10 Auto sales indicate slowing down in urban economy: Chetan Ahya 22.10 What should investors do with Paytm stock? Akshay Bhagwat answers 22.10 HSBC names first female finance chief in major shakeup 22.10 UK borrowing for September third highest on record More »