Shares of ICICI Lombard surged 2 percent to hit an all-time high of Rs 1,860 on July 3 after global brokerage firm CLSA upgraded it to 'outperform' from 'hold' and raised the target price to Rs 2,000 per share, indicating an upside of 7 percent from current levels.So far this year, shares of this private insurance player have surged over 27 percent, beating the benchmark Nifty 50 index that rose o...

Domestic indices opened on a flat note with a positive bias on Wednesday, January 18. The 30-share BSE benchmark rose 8.82 pts or 0.01% to 60,664.54 and the NSE Nifty 50 rose 12.70 points or 0.07% to 18,066.00. The top gainers of the Nifty were Tata Steel, Hindalco, Wipro, HCL Tech and SBI Life while HDFC Life, Tata Motors, UltraTech Cement, State Bank of India and Adani Entreprises were the top l...

Here is the list of top 10 stocks that will be in focus todayHindustan Unilever Ltd: Hindustan Unilever Limited (HUL) on Tuesday said its consolidated net profit grew by 13.85 per cent year-on-year to Rs2,391 crore for the first quarter of the current financial year. The company's revenue from operations jumped by 19.46 per cent year-on-year to Rs14,331 crore for the quarter ended June 30. EBITD...

A large-cap company with a market valuation of Rs61,621.43 crore, ICICI Lombard General Insurance Company Ltd. operates in the financial services industry. One of the top private general insurance providers in India, ICICI Lombard General Insurance Company Ltd. offers coverage for several types of insurance, including automobile, health, travel, business, crop, and cyber. The company's board of di...

We expect the premium growth to recover to ~14?GR (vs ~7?GR over FY19-22), led by an improvement in motor growth (to 12% vs 4%) with pick-up in auto sales, reducing pricing pressures and improving market share in CV segment and the continued strength in health premiums ( 17%) as agency network scales up over FY23. The merged entity growth ( 11% in 4Q22) has held up in April-May 2023.RoE recovery ...