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# 567 Daily Money Show | Money Purse Stock Market News
Takeaway
Insurance company showed strong VNB growth with margin improvement and stable persistency; granular India and stainless steel pipe maker updates noted.
Summary
- Granules India update on facility/IIT assets briefly mentioned.
- Stainless steel pipes and tubes manufacturer covered with delisting proposal context.
- Insurance company numbers: Value of New Business grew 16.46%, VNB margins improved 110 bps; APE +7.65%, 25-month persistency improved, 37-month dropped, 49-month improved, 61-month maintained.
- Last fiscal year total income roughly Rs 3/share โ decent numbers.
- Discussion of insurance and reinsurance services and significant material cost improvements.
- Transcript heavily garbled.
insuranceVNBresults
Original description
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