2025-01-25 11:32:52 am | Source: Motilal Oswal Financial Services Ltd
Buy ICICI Prudential Life Ltd For Target Rs. 840 by Motilal Oswal Financial Services Ltd
* New business premium is likely to experience strong YoY growth driven by the group business.
* VNB growth is likely to remain healthy, but margin to dip QoQ owing to the higher share of ULIPs.
* Expense ratio outlook will be the key monitorable.
* Growth in the Non-Linked business is expected to remain healthy and recovery is projected in the Protection business.
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