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Bloomberg Quint

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Image Credit: Bloomberg Quint

ICICI Prudential Life Q4 Results Review: Motilal Oswal Maintains 'Buy' But Lowers Target Price —Here's Why

  • ICICI Prudential Life Insurance Q4 APE and value of new business in line
  • Motilal Oswal reiterates Buy recommendation with lower target price of Rs 680
  • Margin expands to 22.7%, driven by growth in higher-margin ULIP products
  • VNB margin under pressure due to product mix shift, but recovery seen in Q4 FY25

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