Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Nifty infrastructure index, the underlying index, is a portfolio of companies representing the infrastructure sector, which includes companies belonging to telecom, power, port, air, roads, railways, shipping and other utility service providers

ICICI Prudential Mutual Fund launches Nifty infrastructure ETF

Fidelity Investment Trust Fidelity Series Emerging Markets Fund bought 54.4 mn shares worth Rs 274 cr and ICICI Prudential Life Insurance bought another Rs 226 crore, showed block deal data

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns

Fidelity’s emerging market fund bought 5.44 crore shares of Zomato today in the bulk deal at an average price of Rs 50.26. ICICI Prudential Life Insurance bought 4.5 crore shares at Rs 50.25 per share.

Uber exits Zomato by selling entire 7.8% stake, Fidelity, ICICI Prudential buy stakes

A 7.8% stake sale in Indian food delivery firm Zomato Ltd was executed via a block deal on local exchanges at 50.44 rupees per share on Wednesday, two sources familiar with the matter told Reuters. Zomato did not immediately respond to an email seeking comment.

Zomato block deal: Fidelity, Franklin Templeton, ICICI Prudential among likely buyers

"ICICI Prudential Life has positive chart structure. The stock initially saw a price-wise correction along with the broader markets since October 2021 and formed a low around Rs. 435 in the month of March," Ruchit Jain, Lead Research, 5paisa.com, said.

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Buy ICICI Prudential Life for a target of Rs 585-610: Ruchit Jain

ICICI Prudential Life Insurance Company Ltd is quoting at Rs 552, up 4.15% on the day as on 12:49 IST on the NSE. The stock is down 12.79% in last one year as compared to a 8.53% spurt in NIFTY and a 5.88% spurt in the Nifty Energy index.

ICICI Prudential Life Insurance Company Ltd up for third consecutive session

Private insurer ICICI Prudential Life has said it is on course to meet its target of doubling the value of new business to Rs 2,560 crore this fiscal from FY19 levels.

ICICI Pru on course to hit new business value of Rs 2,560 crore in FY23

Having already grown so much in the first quarter, the company now needs to grow at a lower 22.5 per cent rate only to meet the target, according to the management.

ICICI Prudential on course to hit new business value of Rs 2,560 crore in FY23

ICICI Prudential Mutual Fund has launched ICICI Prudential Nifty200 Momentum 30 ETF, an open-ended Exchange Traded Fund tracking the Nifty200 Momentum 30 Index.

ICICI Prudential MF launches Nifty200 Momentum 30 ETF & Nifty 200 Momentum 30 Index Fund

Both the offerings will allow investors to capitalise on market trends by investing in stocks that have shown upward price momentum. Momentum investing strategy aims to capitalise on the continuance of existing trends in the market

ICICI Prudential MF launches Nifty200 Momentum 30 ETF and Index Fund

“Indian equity market valuations today are better placed than what it was at the start of the year. So, if you are an investor looking to allocate to equities, then you may consider investing in a staggered manner over the next 12 months. A bottom-up stock picking approach will help reduce overall r…

ETMarkets Smart Talk: Anand Shah of ICICI Prudential highlights 5 rules while picking stocks for portfolio

ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. It provides life insurance, pensions and health insurance to individuals and groups.

ICICI Prudential Life Insurance Company Ltd

ICICI Prudential Life Insurance Company Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

ICICI Prudential Mutual Fund launches Nifty infrastructure ETF

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns

Uber exits Zomato by selling entire 7.8% stake, Fidelity, ICICI Prudential buy stakes

Zomato block deal: Fidelity, Franklin Templeton, ICICI Prudential among likely buyers

News Video

Buy ICICI Prudential Life for a target of Rs 585-610: Ruchit Jain

ICICI Prudential Life Insurance Company Ltd up for third consecutive session

ICICI Pru on course to hit new business value of Rs 2,560 crore in FY23

ICICI Prudential on course to hit new business value of Rs 2,560 crore in FY23

ICICI Prudential MF launches Nifty200 Momentum 30 ETF & Nifty 200 Momentum 30 Index Fund

ICICI Prudential MF launches Nifty200 Momentum 30 ETF and Index Fund

ICICI Prudential Life Insurance Company Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

ICICI Prudential Mutual Fund launches Nifty infrastructure ETF

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns

Uber exits Zomato by selling entire 7.8% stake, Fidelity, ICICI Prudential buy stakes

Zomato block deal: Fidelity, Franklin Templeton, ICICI Prudential among likely buyers

News Video

Buy ICICI Prudential Life for a target of Rs 585-610: Ruchit Jain

ICICI Prudential Life Insurance Company Ltd up for third consecutive session

ICICI Pru on course to hit new business value of Rs 2,560 crore in FY23

ICICI Prudential on course to hit new business value of Rs 2,560 crore in FY23

ICICI Prudential MF launches Nifty200 Momentum 30 ETF & Nifty 200 Momentum 30 Index Fund

ICICI Prudential MF launches Nifty200 Momentum 30 ETF and Index Fund

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock