2025-10-16 02:37:54 pm | Source: Motilal Oswal Financial Services ltd
Buy ICICI Prudential Life Insurance Company Ltd for the Target Rs. 700 by Motilal Oswal Financial Services Ltd
* APE growth is expected to decline on a YoY basis due to the high base in the group business.
* VNB growth is projected to decline YoY, while margins are expected to improve sequentially owing to a favorable mix.
* Future product mix trends and guidance on growth will be critical monitorables.
* Growth in the Non-Linked business is expected to remain healthy, and recovery is expected in the Protection business.
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