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LIC Valuation – Peer Perspective (09/07/2020)

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LIC Valuation – Peer Perspective (09/07/2020)

09-07-2020
LIC Market Share: 75.00%
top 5 Market cap Companies as on 09/07/2020 Listed Insurance Co.s Market Cap Life Fund Price Mcap/life fund
Reliance 1156688 31st March Max Financial Services Ltd. 15085 67498 559.6 0.22
TCS 827157 331st March ICICI Prudential Life Insurance Company Ltd. 62295 144254 433.85 0.43
HDFC Bank 618041 31st March SBI Life Insurance Company Ltd. 84038 153101 840.35 0.55
Unilever 511133 31st March HDFC Life Insurance Company Ltd. 118192 127185 585.35 0.93
HDFC 336860 31st July LIC 2828320 2828320 1
3449879
BSE Market Cap. 14430077
GDP 20340000
Mcap/GDP 0.71
New Market Cap after inclusion of LIC 17258397
GDP 20442233
Mcap/GDP 0.84

Excerpts from Gaurav’s Blog

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Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to […] [...]