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EIC and CCBL

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Member
Registered: Jul 2014
Posts: 82
It is just a madness to pour money in non life insurance. I don't want go in details. Just want to give an example of EIC which company's price has reached to 1900. EIC is a company which has not renewed the license and not submitted the audit report to Beema Sammittee for 3 years. Do the investors who have bought that stocks know these bitter facts. Bheerbat ladne gorulai ram bhanna sakinchha kandh thapna sakidaina, bhanchhan ni.
Member
Registered: Oct 2013
Posts: 7912
We should not compare companies from different industry. CCBL Vs MEGA

If we compare, then, between MNBBL Vs NLIC, PE ratio wise price of MNBBL should be 6000 and if we add growth and low capital then 10000.

:P
Member
Registered: Oct 2013
Posts: 138
I would like to request to experts to provide the information about that which nonlife insurance company can compar with CCBL except sicl,sil,nlg and sic
Member
Registered: Oct 2013
Posts: 138
I would like to request to experts to provide the information about that which nonlife insurance company can compare with CCBL except sicl,sil,nlg and sic
« Last edit by Pramshu on Thu Jun 09, 2016 8:23 pm. »
Member
Registered: Oct 2013
Posts: 138
You are right the rising sun g. Why investers are pouring their money on these nonlife insurance company? Whose EPS is also on single digit n promoters and businesses are also not fair. Demand and supply is not a only one theory in share market. If market turns it's way then..........
Member
Registered: Oct 2013
Posts: 138
You are right the rising sun g. Why investers are pouring their money on these nonlife insurance company? Whose EPS is also on single digit n promoters and businesses are also not fair. Demand and supply is not a only one theory in share market. If market turns it's way then..........
Member
Registered: Oct 2013
Posts: 7912
Comparing CCBL or any other company with EIC would be insulting to CCBL or other.

EIC, tiny business, very low profit and worst being punished by the insurance bureau.

Remember, khetan running, hiding, its cause he burnt his mayos factory and took insurance claim from EIC with out even paying insurance money.

That EIC belongs to him so are other companies like PLICL, LBL etc.

Be careful new investors, before, investing into some company, try to find out about the background and history of the company too. There are some really really bad insurance company owned by really really bad people.
Member
Registered: Oct 2013
Posts: 138
Let's compare EIC and CCBL, which is good? What is going on the market? Remember once the story of monkey

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