Wrt insurers, can buy the likes of AB Capital where the current life and general insurance ( if u combine their results ), are growing very fast. ( Both JVs between Aditya Birla Group and Sunlife Group )
Plus, their combined contribution to bottomline is not meaningful as they r in hyper growth and expansion stage where OPEX is generally very high.
At company level, bottomline is generated by NBFC, HFC and AMC business.
NBFC and HFC ‘s clean up at AB Capital is happening rapidly.
At consolidated level – great top and bottomline growth.
Or –
Just wait for Dips on Bajaj Finserv ( holds 74 pc stake in Bajaj Allianz life and general insurance )… But… only on dips.
AB Capital is ripe at CMP.
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