Tag Archives: PFG

Top 10 Insurance Stocks To Watch Right Now

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Motilal Oswal’s research report on HDFC Life Insurance

HDFC Life has announced the 100% acquisition of Exide Life for consideration of INR66.87b, of which INR7.26b would be paid in cash. Furthermore, the company would issue 87m shares to Exide Industries Limited towards the balance amount at INR685 per share. HDFC Life expects to secure all the approvals and complete the transaction by 30th Jun’22. In FY21, Exide Life earned a total premium of INR33.25b (8.6% that of HDFC Life), and total AUM stood at INR187.8b (10.4% that of HDFC Life). The acquisition would enable....More>>>

Hot Insurance Stocks To Own For 2023

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What happened

Shares of Matterport (NASDAQ:MTTR), a maker of software that allows anyone to create a digital replica of a three-dimensional space, were up more than 11% today after the company was selected to create immersive experiences for luxury vessels.

Image source: Getty Images.

So what

The relationship isn’t new. Superyacht Creative, a boutique agency focusing on the luxury yacht market, has been using Matterport’s software to generate 3D experiences for both builders and owners of the vessels. According to the firm, it has accelerated the pace....More>>>