Great long term investment in insurance sector

fundamental analysis-
1. shareholding
73.42% promotor holdings ( unpledged )
17.17% FII investors
4.14% DII investors
almost 95% holdings is in strong hands.

2.performace
56.62% 1 year performance (better than peers)
net sales are better than peers.( Rs.2,755 )
financials are getting quite stronger.

*reason to invest in insurance sector-
Having a look at the current market scenario, we can find that LIC has taken over a major part in the overall Insurance Industry in India. However,
given the rate of growth in the other Non-life insurance sectors, it is estimated that they are sure to compete with
Life insurance companies in the years to come. New insurance companies rising up in the market will definitely experience a vibrant growth
and expansion both in the Life as well as General insurance sectors. The general insurance industry is expected to increase by 7-9% in terms of
gross direct premium income in FY22, backed by healthy growth from the health and motor segments.

technical analysis -
on daily frame it looks like bullish flag pattern.
short downtrend was recently broken and retested also with a great heavy volume.
time to accumulate the stock for long term.
this study is for education purpose only.

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