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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LGIL & CALT

LGIL & CALT

3 posters

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1LGIL & CALT Empty LGIL & CALT Tue Feb 08, 2022 7:31 pm

009008

009008
Equity Analytic
Equity Analytic

What do you think about LGIL & CALT? Worth to hold these shares..

2LGIL & CALT Empty Re: LGIL & CALT Tue Feb 08, 2022 7:51 pm

Hawk Eye

Hawk Eye
Expert
Expert

Being under the LOLC umbrella, and looking at CINS AAIC price appreciation this could go anytime without any fundamental reasons. As a Bonus if they did some justice with bottom line, another rocket launcher from LOLC group. LOLC shares dont need any funda reasons to take off, some announcement is enough to trigger upward movement. Moreover the Insurance sector got activated after LGIL IPO

CALT heavily invested in Government Securities made huge losses. If interest rates keep moving up then they should report more losses. not worth holding 

But if you havent bought any of these shares just keep away until you get some signal, and invest in good profitable counters. ACL ,KCAB has done well..so you can guess who could be next

sanjulanka and ADVENTUS like this post

3LGIL & CALT Empty Re: LGIL & CALT Mon Feb 21, 2022 1:27 am

N W

N W
Senior Equity Analytic
Senior Equity Analytic

LGIL worth holding as it currently has a 9.5% growth in earnings as per last year financials, and sitting in with the LOLC group will reciprocate the hype towards it to this as well. Since it has a market cap of around 16.4B estimating future price to rise to at least 35-45 range in around 1-2 year or maybe sooner

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