ICICI Prudential Life Insurance Company shares gained 1.8 percent in morning on Tuesday after global brokerage house Morgan Stanley maintained overweight rating on the stock with a price target at Rs 425, implying a 33 percent potential upside.
The life insurance company reported premium growth of 3 percent for December.
The global brokerage house expects muted premium compounded annual growth rate of 6 percent over FY18-21, but a higher VNB CAGR of 20 percent.
The life insurance company reported premium growth of 3 percent for December.
The global brokerage house expects muted premium compounded annual growth rate of 6 percent over FY18-21, but a higher VNB CAGR of 20 percent.
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