News From Press ICICI Prudential Life needs a growth punch more than brokerage blessings

ICICI Prudential Life needs a growth punch more than brokerage blessings

Source: Livemint Jan 9, 2019

The ICICI Prudential Life Insurance Co. Ltd stock has come a full circle since it went public two years ago. The life insurer’s scrip is now 4.5% below its issue price, after having risen over 50% within 10 months of listing. The recent underperformance should not be surprising, given that the company has had a bumpy ride on business growth so far in FY19.

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