Discover and read the best of Twitter Threads about #ICICILombard
Most recents (4)
The Nifty Financial Services Index, also known as the #FinNifty, is an index that tracks the performance of the financial services sector in India. @bbrijesh explains about the index in detail. 
#FinNifty is an index that tracks the performance of the financial services sector in India, which includes #banks, #insurance companies, #housingfinance, and Non-Banking Financial Companies (NBFCs). #FinancialServicesSector #India
The financial services sector in India is one of the largest and most diverse in the world, and FinNifty provides a way to track the performance of this sector. #FinancialServicesSector #GrowthPotential
4 Key Takeaways of ICICI Lombard Q3 Result in this🧵
ICICI Lombard is a company that sells non-life insurance products such as car, health insurance, etc.
1) The company made 11% more profit in Q3 of this year compared to last year & it is currently at 353 cr.
#ICICILombard
ICICI Lombard is a company that sells non-life insurance products such as car, health insurance, etc.
1) The company made 11% more profit in Q3 of this year compared to last year & it is currently at 353 cr.
#ICICILombard
2) Insurance companies make money by selling insurance and collecting payments for those policies (called premiums).
The company earned 16.9% more in premiums in Q3 of this year compared to last year, which is less than the average increase for the whole industry (18.1%).
The company earned 16.9% more in premiums in Q3 of this year compared to last year, which is less than the average increase for the whole industry (18.1%).
3) An important way to measure how well an insurance company is doing is by looking at how much extra money they have to pay out claims. This measure is called the Solvency ratio.
Mega thread on Technical Stage Analysis and my learnings based on Stan Weinstein's book.
Today we'll cover
1. Stage Analysis
2. Technical Rules for Buy and Sell
3. Safest Point of Entry and Exit
4. Study 10 🇮🇳 Stock Charts (Large/Mid/Smallcap)
1/n
Today we'll cover
1. Stage Analysis
2. Technical Rules for Buy and Sell
3. Safest Point of Entry and Exit
4. Study 10 🇮🇳 Stock Charts (Large/Mid/Smallcap)
1/n
1. Stage Analysis
As per Stan Weinstein, each stock can be classified into 1 of 4 different stages.
Stage 1 - Basing Area
Stock trades in a range around 30W SMA over a long period of time with low volume. Both buyers & sellers move in equilibrium.
Example: #MusicBroadcast
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As per Stan Weinstein, each stock can be classified into 1 of 4 different stages.
Stage 1 - Basing Area
Stock trades in a range around 30W SMA over a long period of time with low volume. Both buyers & sellers move in equilibrium.
Example: #MusicBroadcast
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1. Stage Analysis
Stage 2 - Advancing Phase
This phase is characterized by a sharp spike in volumes, breaking out of key resistance and sharply rising stock price over a period of time (many months or years) without breaking the key moving average.
Example: #FineOrganics
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Stage 2 - Advancing Phase
This phase is characterized by a sharp spike in volumes, breaking out of key resistance and sharply rising stock price over a period of time (many months or years) without breaking the key moving average.
Example: #FineOrganics
3/n
@ICICILombard
Q3 & 9 months investor presentation
Leading pvt non life insurer since 2004
12 yr GDPI CAGR 12.3%
Mkt share 9 mns 7.2%
Agents 55615
Increasing share tier 3,4 cities
Virtual offices 840
Solvency Dec 20 - 2.76x ( req1.5x)
#Q3marketupdates
#Q3investorpresentations
Q3 & 9 months investor presentation
Leading pvt non life insurer since 2004
12 yr GDPI CAGR 12.3%
Mkt share 9 mns 7.2%
Agents 55615
Increasing share tier 3,4 cities
Virtual offices 840
Solvency Dec 20 - 2.76x ( req1.5x)
#Q3marketupdates
#Q3investorpresentations
In rs billion 9 mfy20 /21
Gross written premium 103.6 / 107.6
GDPI 101.32 /105.25
PAT 9.12 /11.27
ROE 21.8 /22.4%
Solvency ratio 2.18 /2.76x
BV 128.76/159.86
EPS 20.07/24.81
Product mix in %
Motor OD & TP 50/49
Motor GDPI Mix
Pvt car 55.9/57.4
2 wheeler 29.6/27.3
CV 14.5/15.3
Gross written premium 103.6 / 107.6
GDPI 101.32 /105.25
PAT 9.12 /11.27
ROE 21.8 /22.4%
Solvency ratio 2.18 /2.76x
BV 128.76/159.86
EPS 20.07/24.81
Product mix in %
Motor OD & TP 50/49
Motor GDPI Mix
Pvt car 55.9/57.4
2 wheeler 29.6/27.3
CV 14.5/15.3
Advanced premium Dec 31st 20 - 31.97 bn / Sep 20 - 31.6 bn
Health ,travel & PA GDPI Mix 9 mon fy20/21
Individual 22.5 /24.9%
Group others 40 /23.2%
Group employer-employee 37.4 /51.9
Individual health indemnity grew 25.7% for 9 month from 17 at Sep 20
Health ,travel & PA GDPI Mix 9 mon fy20/21
Individual 22.5 /24.9%
Group others 40 /23.2%
Group employer-employee 37.4 /51.9
Individual health indemnity grew 25.7% for 9 month from 17 at Sep 20
