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    HomeNewsBusinessMoneycontrol ResearchWhy is ICICI Pru’s stock underperforming despite robust margin in H1 FY23?

    Why is ICICI Pru’s stock underperforming despite robust margin in H1 FY23?

    The business makeover should help this private life insurer accelerate business growth, along with higher margins

    Neha Dave
    October 18, 2022 / 12:08 IST
    ICICI Prudential Life Insurance Company: ICICI Prudential Life Insurance posts Q1 profit at Rs 155.7 crore. The insurance company recorded a standalone profit of Rs 155.7 crore in quarter ended June 2022 against loss of Rs 185.73 crore in same period last year. Net premium income grew by 4.3% to Rs 6,884.2 crore compared to same period last year.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More