Cmp 450
Fv 10
Add further if 416 comes
SL 398 on a weekly closing basis.
Target double👍🏼
Remember our Finpati channel is giving this call when the stock is at 52week low and is struggling in all means
Margins crippled from 12% to 2% gradually from 2013 thats like 10 years already.
We dare to give buy recommendations even after seeing such a bad performance. Because we believe that financials are just the report card of past. Not something that talks about the future.. wait for 2023 and 2024.. see what insurance sectors does..
Not to forget.. Insurance is not a modern tool.. thats an ancient concept which holds good in every given scenario .. its cmp is 450.. lets talk after two years👍🏼