LIC, HDFC Life, PB Fintech: Where Does Sharad Avasthi See Value?

LIC, HDFC Life and PB Fintech remain in focus as investors assess valuations, wealth creation and long-term growth potential. Sharad Avasthi, Head of Research (PCG), SMIFS, explains why LIC could see a valuation re-rating over the next 18–24 months and why HDFC Life investors must pay attention to fair value. He also discusses PB Fintech after its sharp correction, highlighting the potential for long-term gains over a three-to-five-year horizon despite near-term uncertainty. From insurance penetration to earnings recovery, discover where a value investor sees opportunities and why patience, valuation discipline and a margin of safety matter.