Foreign investor Berry Creek Investment was the seller in the above block deals, offloading the entire 2.49 percent stake in PVR.

ICICI Prudential MF, SBI MF, Societe Generale pick stake worth Rs 380 crore in PVR

ICICI Prudential’ board said its Managing Director and Chief Executive Officer, NS Kannan, will retire on June 18.

Brokerages Positive On ICICI Prudential’s Appointment Of Anup Bagchi Even As Challenges Exist

Bagchi, who has been with the group since 1992, has been executive director of ICICI Bank since February 1, 2017, heading the wholesale banking business of the bank. After taking over the reins from Kannan, he is expected to focus on growth in annualised premium equivalent (APE), which has been a si…

Anup Bagchi to head ICICI Prudential Life from June

Based on the open interest percentage, 58 stocks including Bajaj Auto, BPCL, ICICI Prudential Life Insurance, Piramal Enterprises, and Zydus Life Sciences, witnessed a long build-up.

Trade setup for Friday: Top 15 things to know before the opening bell

ICICI Prudential Life Insurance’s share were trading 9 percent higher on Thursday after Anup Bagchi‘s appointment as MD & CEO.

ICICI Prudential jumps 9 percent on appointment of Anup Bagchi as CEO

Hikal Ltd, ICICI Prudential Life Insurance Company Ltd, Adani Green Energy Ltd and Hindustan Petroleum Corporation Ltd are among the other gainers in the BSE’s ‘A’ group today, 16 March 2023.

Jain Irrigation Systems Ltd leads gainers in ‘A’ group

ICICI Prudential Life Insurance Company gained 4.85% to Rs 402.50 after the life insurer announced that Anup Bagchi will replace N. S. Kannan as managing director (MD) and chief executive officer (CEO) effective from 19 June 2023.

ICICI Prudential jumps on appointing Anup Bagchi as MD & CEO

The NFO will close for subscription on March 15, 2023.

ICICI Prudential Mutual Fund launches of ICICI Prudential Nifty PSU Bank ETF

Marquee investors like the Government of Singapore, Fidelity, FMR, ICICI Prudential Life Insurance and HDFC MF bought shares from Blackstone in the bulk deal.

Sona Comstar up 8% as institutional investors buy Blackstone’s 20.5% stake

ICICI Prudential’s short-term and medium-duration funds outperformed on the back of timely shifts in strategies

Short-to-medium debt: Active play pays dividends for ICICI MF’s Banthia

ICICI Prudential Bluechip Fund has generated higher returns than its benchmark over the one- and three-year periods by minimising risk and focusing on steady performance

Large-Cap Equity: What makes ICICI Pru MF’s Anish Tawakley an outlier

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 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.