MMFL Weekly: MMFL broke out of cup and handle pattern 2 weeks back with good volume. Break level was at around 950 levels. It now seems to be retesting break out levels. Stop loss can be just below the low of break out candle at around 860 and potential target can be around 1230 levels if pattern plays out successfully. So, its a potential 3:1 risk/reward trade. Good Q2 quarterly result might provide the required impetus.

Disclosure: Invested from around 945 levels.

Life insurance companies saw higher claims settlement amount during Q4FY2021-2022 and Q1FY2022-2023

Can anyone shed light on the reason for the same?

Health insurance is not a very attractive proposition for banks.

Annual rollover of policies as opposed to long time commitment in the case of life insurance
Lower premium as opposed to a ULIP where a customer signs up to invest 50K every year. Lower premium amount automatically results in lower commission
The bulk market is always directly covered by the health insurer sales teams themselves. Group health is an institutional sales model

The average health insurance premium for a 35 year old is less than 10K per year for a 5L annual cover, even at 10% commission the intermediary will hardly earn 1K per policy.

Selling health policies through banks will not be easy. There is just too much sales effort involved for banks to take this seriously irrespective of what IRDAI says.

@Vikky9995

To get an idea about structural growth stories, or about how a small cap can become a large cap, you should go through this lovely thread of 100 baggers started by dr pragnesh shah, who has put in a lot of efforts to put forth the idea of 100 baggers in a concise format.

Post that you can go through the VP threads on success stories of companies that came out of obscurity and became big winners. Threads like Ajanta Pharma, PI Inds, Astral, etc. Benefit of going through these threads is that you get to know what people felt and wrote when the company was a small company and how things unfolded as time went by. Its important to know opinions of retail investors in early phase of big winners, because that is what we may ourselves face when we are on to a big winner early on.

@AMAN_SHAMSHER I don’t track HG Infra.

@Jatin_Parekh I don’t track GFL.