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 

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

In July 2023, the health segment posted gross direct premium income growth of 33.1%/45.1% YoY/month-on-month, to Rs 113.6 billion.

General Insurance- ICICI Lombard Lags Private Sector Aggregate Growth In Motor, Health In July: Yes Securities

Motors, health & fire segments witnessed strong growth in General Insurance industry in first 4 months of the current financial year. In motor segment, ICICI Lombard loses mkt share, whereas New India Assurance sees strong growth. Yash Jain lines up the key highlights from the space

#generalinsurance #insurance #motorinsurance #healthinsurance #fireinsurance #insurancesector #stockmarket #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday    

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Strong Growth In Motor, Health & Fire Insurance Industry In FY24 So Far | CNBC TV18

“The matter largely relates to an industry-wide issue on applicability of GST on salvage adjusted and ineligible input tax credit, on motor claims settled. The company has deposited Rs 104,13,18,970 under protest, without accepting any liability in this regard,” it said.

ICICI Lombard gets Rs 273 crore GST demand notice

ICICI Bank has given a return of 14.34 percent over the last six months.

ICICI Bank gets RBI nod to raise stake in ICICI Lombard; stock jumps 1%

Buzzing stocks of Aurobindo Pharma, BHEL, Ganesha Eco, Oil India, Infosys, Biocon, Adani Enterprises, Delta Corp, Fortis Healthcare, Reliance Industries, ICICI Bank, ICICI Lombard GIC, India Cements, Barbeque, GIC Housing, Max Healthcare, Gland Pharma, Indigo Paints, Policybazaar, Sobha, Tata Chen, …

Stocks to watch on August 7, 2023

In May, ICICI Bank said its board of directors approved the increase in shareholding in ICICI Lombard as it aims to establish the company as a subsidiary of ICICI Bank.

ICICI Bank gets RBI’s approval to raise stake by 4% in ICICI Lombard

Earlier, the bank, in its disclosure filed with the stock exchanges on May 28, 2023, had communicated that its Board of Directors had approved an increase in the shareholding in ICICI Lombard in multiple tranches by up to 4%.

ICICI Bank gets RBI nod to increase up to 4% stake in subsidiary ICICI Lombard

Price return has been average, nothing exciting

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