#BrokerageRadar | CLSA's top picks in the #insurance space are: SBILife, ICICI Pru Life, #MaxFinancial, then HDFCLIFE
Probe against #AxisBank: Believe there is no legal, regulatory anomaly in transactions, says #MaxFinancial.
#MaxFinancial approves allotment of 14.25 crore #MaxLife shares to #AxisBank for Rs 1,612 crore: Exchange Filing.
#HDFCAMC acquired 2.01% stake in #MaxFinancial on April 22: Exchange Filing
#LifeInsuranceData | OCTOBER LIFE INSURANCE DATA: #SBILife records 2nd straight month of strong growth
▶️#MaxFinancial is 2nd best-performer in Oct following SBI Life
▶️LIC: Premium up 13%, total APE up 30% & retail APE up 28% YoY
▶️#MaxFinancial is 2nd best-performer in Oct following SBI Life
▶️LIC: Premium up 13%, total APE up 30% & retail APE up 28% YoY
From Concall-#MaxFinancial Says:
▶️Maintain sales & margin guidance despite GST changes
▶️Maintain FY26 APE growth of 15-17%, VNB margin of 24-25%
▶️Margin can be impacted by 300-350 bps on GST changes if no mitigating actions taken
▶️Maintain sales & margin guidance despite GST changes
▶️Maintain FY26 APE growth of 15-17%, VNB margin of 24-25%
▶️Margin can be impacted by 300-350 bps on GST changes if no mitigating actions taken