Motilal Oswal is bullish on ICICI Lombard recommended buy rating on the stock with a target price of Rs 1600 in its research report dated October 18, 2023.

Buy ICICI Lombard; target of Rs 1600: Motilal Oswal

The objective is to try and grow in line with the market by year-end, the CFO said.

ICICI Lombard Expects To Align Motor Segment Growth With Industry, Says CFO

Q2 with BQ | ICICI Lombard Q2 Profit & Revenue Beats Estimates ICICI Lombard reports a 2% fall in Q2 profit but beats analysts’ estimates.In conversation with CFO & CRO Gopal Balachandran. ICICI Lombard reports a 2% fall in Q2 profit but beats analysts’ estimates.

Q2 with BQ | ICICI Lombard Q2 Profit & Revenue Beats Estimates

The shift in the insurer’s product mix in favour of health insurance augurs well for future profitability

ICICI Lombard Q2 FY24: Earnings driven by strong premium growth

Higher-than-expected total income results in a profit after tax beat.

ICICI Lombard Q2 Results Review - Combined Ratio Inline; Reports A Net Profit Beat Of 27%: Motilal Oswal

The net premium earned for the quarter was up 12% at Rs 4,306 crore.

ICICI Lombard Q2 Results: Profit Falls, But Beats Estimates

GST investigation agency DGGI has served a Rs 1,728 crore demand notice for non payment of tax in certain supplies between July 2017 and March 2022.

ICICI Lombard Gets Rs 1,728 Cr GST Demand Notice From DGGI - News18

Mantri is currently an executive director with the company.

ICICI Lombard Appoints Sanjeev Mantri As CEO

Dasgupta cited a career opportunity outside India as the reason for stepping down.

ICICI Lombard CEO Bhargav Dasgupta Resigns

The additional stake acquisition of 4% is through purchase of shares from the market.

ICICI Bank Gets IRDAI Nod To Raise Stake In ICICI Lombard General Insurance

'Companies like Cholamandalam and ICICI Lombard have a better structural tail than several metal & mining companies,' says Saurabh Mukherjea, Founder of Marcellus Investment Managers, explaining why there is excitement around midcaps.

#markets #StockMarket #trade #investment #macro #midcap #cnbctv18digital 

 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ
SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf
---------------------------------------------------------------------------------------------------------------------
                               👑 Check Out Top CNBC TV18 Playlist Videos: 

🔹CNBC TV18 Classic Interviews: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDmfXVg7XEQngsCY9RoS-fv

🔹CNBC TV18 Digital: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDCcaVZ_82M9vhLo9lGJYzo

🔹CNBC TV18 Weekend Special: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBHEa5NnoKuUsX5GwxEGuri

🔹CNBC TV18 Next-Gen: https://www.youtube.com/playlist?list=PLjq9mRS1PfGA6roe9q3J9fq_gBIDjX2w7

🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH
🔹CNBC TV18 Newsreels: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCmABWWQRX4NqGLCtScwqex

🔹Young Turks: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBZaN1e38X2ZmevnU1e1NJs

🔹Startup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI

------------------------------------------------------------------------------------
You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Follow us on Instagram: https://www.instagram.com/cnbctv18india/
Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18
n18oc_business

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here

Saurabh Mukherjea On Why There's Excitement In Midcaps | CNBC TV18

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

ICICI Lombard General Insurance is an India-based private-sector non-life insurer