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Retail players can skip GIC Re's OFS: Analysts
Retail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitability challenges and headwinds in the reinsurance sector. The company's reliance on its investment portfolio for profits is a key concern. Despite a discount, the offer faces scrutiny.
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thehindubusinessline.com
Govt to sell up to 5% stake in General Insurance Corporation
The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.
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Government to sell up to 5% stake in General Insurance Corporation
The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.
