Shares of ICICI Prudential Life Insurance Company Ltd plunged 7 per cent in Wednesday’s trade on less-than-expected March quarter results. ICICI Prudential Life Insurance Company reported a net profit of Rs 174 crore for the fourth quarter of FY24, falling 26 per cent from Rs 235 crore in the year-ago period. The company’s net premium income in Q4FY24 rose 17 per cent to Rs 14,788 crore from Rs 12,629 crore, YoY.The Value of New Business (VNB) of the company declined 26.44 per cent…
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ICICI Prudential Life Shares Fall 7% On Disappointing Q4 Results; Buy, Sell Or Hold?
