New shareholders’ fund boosted PSU’s embedded value nearly 5x - Business News: Latest News & Videos about market and economy | Trendmergers

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New shareholders’ fund boosted PSU’s embedded value nearly 5x

LIC’s embedded value (EV) jumped to nearly Rs 5.4 lakh crore in September 2021. This was more than five times higher from the Rs 95,605-crore EV clocked six months earlier in March. EV is a measure of an insurer’s current net worth and present value of future profits.

from Stocks-Markets-Economic Times
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