ICICI Lombard’s steady growth

ICICI Lombard’s steady growth reflects strong fundamentals but positives are already priced in

BY Prithvish Uppal CFA, Prakhar Agarwal, Bhargav Sangi of Elara Global Research  NEW DELHI: ICICI Lombard’s Q2FY25 results paint a picture of a company continuing to grow steadily in a competitive general insurance market but with challenges emerging in key segments. A 20% year-on-year growth in net profit reflects strong performance, yet the current valuation […]