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Ideas For Profit | ICICI Lombard: Insurance sector stock with long-term compounding potential

The current market price of ICICI Lombard is trading at a pricey valuation of 7.6 times trailing book value (9MFY22 book value). However, MC Peo believes the premium valuation will sustain given a host of growth levers in place. Here’s all you need to know why ICICI Lombard is a ‘buy’ for long-term investors


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