ICICI Lombard shares: Buy ICICI Lombard General Insurance Company, target price Rs 1470: Emkay Global


Emkay Global has purchase name on with a target price of Rs 1470. The present market price of ICICI Lombard General Insurance Company is Rs 1187.2.
., included within the yr 2000, is a Large Cap firm (having a market cap of Rs 58196.52 Crore) working in Financial Services sector.

ICICI Lombard General Insurance Company Ltd. key Products/Revenue Segments embrace Miscellaneous Insurance, Other Operating Revenue, Fire Insurance and Marine Insurance for the yr ending 31-Mar-2022.


For the quarter ended 30-06-2022, the corporate reported a Standalone Total Income of Rs 4149.38 Crore, down -13.55 % from final quarter Total Income of Rs 4799.75 Crore and up 21.54 % from final yr similar quarter Total Income of Rs 3414.09 Crore. Company reported web revenue after tax of Rs 349.03 Crore in newest quarter.

Promoter/FII Holdings
Promoters held 48.03 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 26.43 per cent, DIIs 13.94 per cent.

(Disclaimer: Recommendations given on this part or any stories connected herein are authored by an exterior celebration. Views expressed are that of the respective authors/entities. These don’t symbolize the views of Economic Times (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, categorical or implied, regarding the identical. Please seek the advice of your monetary adviser and search unbiased recommendation.

Source link

See also  Future Generali India Insurance ropes in Anil Kapoor for its ‘Health Super Saver’ campaign


Please enter your comment!
Please enter your name here