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Business Standard

Analysts hopeful of ICICI insurance twins despite Q3 disappointment

Fair value targets of brokerages suggest there is some upside in the two stocks

Topics
ICICI Lombard | ICICI Prudential Life Insurance | ICICI Group

Devangshu Datta 



ICICI Lombard delivered GWP growth of 17 per cent YoY to Rs 5,600 crore

The ICICI group’s insurance ‘twins’, and ICICI Prudential Life (ICICI Pru), came out with results that disappointed the market. However, analysts' opinion on the two is more nuanced, with most maintaining a fairly positive stance.
 

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First Published: Thu, January 19 2023. 23:29 IST

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