Reasonable valuations may give LIC shares up to 32% leg up: Motilal Oswal
The brokerage expects the company’s margins to register a rise helped by improving mix of non-PAR (non-participating) and higher profit retention for shareholders. “Retention will increase to 10% in PAR business by FY25E from 5% earlier, besides retaining the complete profits in non-PAR business,” added the report.
