lic added to buy list with target price of rs 1175 per share

Yes Securities has included Life Insurance Corporation (LIC) in its list of recommended stocks, with a target price of Rs 1175 per share.

LIC has overcome a previous slowdown in Annualized Premium Equivalent (APE) growth and is now showing strong year-on-year Value of New Business (VNB) growth compared to its competitors. LIC is also known for its effective cost management strategies, as evidenced by a reasonable expense ratio. This combination of strong growth and efficient operations positions LIC well in the market.

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