ICICI Prudential Life Insurance Company Ltd (ICICIPRULI)

ICICI Prudential Life Insurance Reports Strong Q4FY24 Results - 29 Apr, 2024

ICICI Prudential Life Insurance reported a 16.6% YoY growth in Gross Written Premium (GWP) for Q4FY24, primarily led by a surge in New Business Premium (NBP). The Annualized Equivalent Premium (APE) also saw significant growth of 89.6% QoQ. However, the Value of New Business Margin contracted by 1050 bps YoY/140 bps QoQ to 21.5%. KR Chokseys maintains an ACCUMULATE rating with a target price of INR 605 per share.

Sharekhan Recommends Buying ICICI Prudential Life Insurance - 26 Apr, 2024

ICICI Pru reported a 26% YoY decline in VNB, but APE rose 10% YoY despite higher base last year. Sharekhan recommends buying with a target price of Rs. 670.

ICICI Prudential Life Insurance Q4 Revenue Up by 104.65%, Profit Down by 26.18% YoY - 25 Apr, 2024

ICICI Prudential Life Insurance Company's Q4 revenue increased by 104.65% YoY, while profit decreased by 26.18%. EPS for Q4 was ₹0.98, down by 45.87% YoY. The consensus recommendation as of April 25, 2024, was to Buy. ICICI Prudential Life Insurance has a market cap of ₹85558.37 Cr and delivered -3.65% return in the last week.

ICICI Prudential Reports Decline in Net Profit and VNB Margin for Q4FY24 - 24 Apr, 2024

ICICI Prudential Life Insurance Company Ltd records a 26% YoY drop in net profit and a 26.44% YoY decline in VNB margin for Q4FY24. CLSA and Citi Research downgrade the stock, while Motilal Oswal recommends buying shares.

ICICI Pru Reports Drop in Net Profit and New Business Margin - 23 Apr, 2024

ICICI Prudential Life Insurance reported a 26% drop in net profit for Q4FY24 due to higher expenses, while the full-year net profit rose by 5%. The company also reported a lower new business margin of 24.6% for FY23, down from 32% YoY.

ICICI Prudential Faces Subscription Halt in Small-Cap Schemes - 22 Apr, 2024

ICICI Prudential faces subscription halts in small-cap schemes as mutual funds restrict or halt subscriptions due to Sebi's concerns over large retail investments. Emkay Global expects a Q4 profit of Rs 314.20 crore, up 35% YoY.

ICICI Prudential Life Insurance to Report Mixed Performance for Q4 FY24 - 17 Apr, 2024

Analysts expect ICICI Prudential Life Insurance to report a mixed performance for the January-March period, with strength in its protection segment amid industry-wide overall margin pressure. The company is expected to log an annual premium equivalent of Rs 3,161.7 crore, down 4.2% YoY, and a value of new business margin of 26.5%, down 550 bps YoY. However, strong growth in retail protection and high ULIP volumes are expected to continue in March.

ICICI Prudential Large & Mid Cap Fund Ranks in Top 30 Percentile - 14 Apr, 2024

ICICI Prudential Large & Mid Cap Fund has ranked in the top 30 percentile of the CRISIL Mutual Fund Ranking for three consecutive quarters. The fund's assets under management more than trebled to Rs 12,307 crore in March 2024 from Rs 3,726 crore in March 2021.

ICICI Pru Life Receives GST Demand Order - 10 Apr, 2024

ICICI Prudential Life Insurance has received a Goods and Services Tax (GST) demand order of Rs 20.50 crore for the financial year 2018-19 from the State Tax Officer in Gujarat.

ICICI Pru Faces GST Demand Order, Recommended by Analyst - 09 Apr, 2024

ICICI Prudential Life Insurance Company Ltd faces a GST demand order of Rs. 20.50 crore for FY2019, but has filed an appeal. The company was recommended as a stock to buy by Ruchit Jain, while Nippon Gold BeeS AUM increased 24% YoY.

ICICI Prudential Life Insurance Company Ltd presents opportunity for investors - 08 Apr, 2024

Ruchit Jain from 5paisa.com recommends a long position with a stop loss below ₹600, targeting potential gains in the range of ₹690-700. The stock has shown robust growth, surging over 5% in the last month with breakout signals on weekly and monthly charts.

ICICI Prudential Life Insurance Company Recommended as Short-Term Buy - 01 Apr, 2024

Technical analysis suggests a bullish outlook for ICICI Prudential Life Insurance Company, with the stock breaking through the Rs 600 level and showing an Inverse Head and Shoulders pattern. A moving average crossover also indicates positive momentum.