icici lombard general insurance

This ICICI Group stock in bear grip could soon stage a turnaround

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This ICICI Group stock in bear grip could soon stage a turnaround

Shares of have fallen more than 23 per cent from their September 2021 highs, putting the stock firmly in the bear grip. However, , in its recent report, initiated coverage on the stock with a ‘Buy’ rating and a target price of Rs 1,500, signalling a potential upside of over 17 per cent in the … Read more

ICICI Bank Q1 takeaways: Huge Covid provisions, lower credit growth & more

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NEW DELHI: In spite of a Rs 3,000 odd crore one-off treasury gain, ICICI Bank’s June quarter earnings missed Dalal Street estimates by a wide margin, as the bank chose to utilise the funds raised from stake sales in ICICI Prudential and ICICI Lombard to create higher-than-expected Covid 19-related provisions. The bank said the provisions … Read more