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ICICI Prudential Life Insurance Company may move to Rs 450: Sandeep Wagle

Sandeep Wagle of powermywealth.com is of the view that ICICI Prudential Life Insurance Company may move to Rs 450.

December 20, 2017 / 14:48 IST

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I am positive on ICICI Prudential Life Insurance Company. I think a target of Rs 450 in the next 12-15 months is very likely and one should have a stoploss of Rs 360 below which the stock becomes weak."

At 14:42 hrs ICICI Prudential Life Insurance Company was quoting at Rs 397.50, up Rs 2.30, or 0.58 percent.

The share touched its 52-week high Rs 507.90 and 52-week low Rs 294.20 on 04 July, 2017 and 27 December, 2016, respectively.

Currently, it is trading 21.74 percent below its 52-week high and 35.11 percent above its 52-week low.

CNBC-TV18
first published: Dec 20, 2017 02:47 pm

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