NSE:LICI   LIFE INSURA CORP OF INDIA
Company is almost debt free.
Company has delivered good profit growth of 71.6% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 108%
it is far below ipo listing price
recently company has shown good revenue generation with good profit margins
IT HAS FORMED COMPLEX HEAD AND SHOULDER PATTERN

FIRST TARGET WILL BE AROUND T1-750 which is recent high

SECOND TARGET WILL BE NEAR IPO PRICE T2-910
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.