ICICI Lombard share price: Buy ICICI Lombard General Insurance Company, target price Rs 1198: HDFC Securities
Time period specified by analyst is Intra Working day when ICICI Lombard Normal Coverage Company Ltd. price tag can arrive at defined target.
ICICI Lombard Typical Insurance policy Corporation Ltd., incorporated in the 12 months 2000, is a Substantial Cap company (getting a marketplace cap of Rs 56183.90 Crore) functioning in Money Solutions sector.
ICICI Lombard Typical Insurance policies Organization Ltd. important Items/Income Segments consist of Miscellaneous Insurance policy, Interest, Dividend & Lease, Hearth Insurance plan, Cash flow From Sale Of Share & Securities for the calendar year ending 31-Mar-2021.
Financials
For the quarter finished 31-03-2022, the business noted a Standalone Whole Earnings of Rs 4799.75 Crore, up 19.42 % from final quarter Whole Income of Rs 4019.13 Crore and up 32.29 % from very last calendar year similar quarter Total Income of Rs 3628.23 Crore. Enterprise reported net gain after tax of Rs 312.51 Crore in most recent quarter.
Expense Rationale
Stock has fashioned bullish hammer on everyday body. Outside inside sample observed on Bollinger band.
Promoter/FII Holdings
Promoters held 48.04 for each cent stake in the company as of 31-Mar-2022, when FIIs owned 28.33 for every cent, DIIs 12.29 per cent.
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