PM Narendra Modi27 min ago
HDFC Securities recommends buying these 4 largecap and 1 midcap insurance stocks; check targets
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Stocks to buy for long term: As policymakers target inclusive coverage (Insurance for All) over the next two decades, the US$53bn Indian insurance sector presents a compelling long-term investment thesis, underpinned by structural under-penetration (FY24: 3.7%),favourable demographics, and increasingly enabling regulatory environmentthat anchor our key themes: affordability, accessibility, digital-first businesses,and composite licensing. The brokerage initiate with buy call on PB Fintech, Bajaj Finance and Niva Bupa. We initiate with an ADD on GODIGIT, and LICI, it added.
1/5
PB Fintech share price target
1/5The brokerage has suggested buying the stock for a price target of Rs 2,280.
2/5
Bajaj Finance share price target
2/5The brokerage has suggested buying the stock for a price target of Rs 2,430.
3/5
SBI Life Insurance share price target
3/5The brokerage has suggested buying the stock for a price target of Rs 2,100.
4/5
Niva Bupa share price target
4/5The brokerage has suggested buying the stock for a price target of Rs 105.
5/5
ICICI General Insurance share price target
5/5The brokerage has suggested buying the stock for a price target of Rs 2,210.
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