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Daily Money Show #373: Stock Market News
Original: # 373 Daily Money Show | Money Purse Stock Market News
Takeaway
Pure-term insurance gives nothing if you outlive the cover; choose ROP variant only if you specifically want premium back at survival.
Summary
- Market wrap: ~525 points closing move; midcap -0.24%, smallcap -0.44%, Bank Nifty -0.84%.
- IPO highlight: ₹766 cr raise mentioned with offer for sale component.
- Earnings: a company posted revenue ~54.9% growth, PAT loss of 17.5% growth, EBITDA margin improvement; q/q operating revenue +22%, EBITDA growth +46%; PAT +39%; utilization rose to ~77.9%; 2.8M devices shipped in last 12 months.
- Viewer Q on term insurance ending at 70: if primary policyholder survives past 70, the sum assured is not paid — only principal returned if return-of-premium option was opted for; host confirms the viewer's understanding.
daily-marketterm-insuranceipo
Original description
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