Infosys. The brokerage expects these companies to do well and generate double digit gains for investors in the next 12 months.
Here are the key highlights of the report:SBI Life InsuranceCMP: ₹856, Target Price: ₹1,030, 19% upsideA leading private life insurance company in India has a healthy solvency ratio of 2.45 against regulatory mandate of 1.50, low surrender ratio of 2.7% in H1FY21 and improving persistency ratio of 85.9% in the 13th month.The company has a market share of 7.2% in total new business premium (NBP) during H1FY21 V/s 6.2% in H1FY20 & 24.5% market share in private sector NBP during H1FY21 V/s 21.8% in H1FY20.
The company’s gross premium grew by 22% in H1 FY21 V/s H1 FY20 to ₹20,730 crore.Coromandel InternationalCMP: ₹805,.