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

Neha Dave   •

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

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