10 stories mentioning BOM:540133Updated 62d ago
Every FINWIRES story that references BOM:540133, newest first.
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ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) has an average rating of buy and mean price target of 678.78 Indian rupees, according to analysts polled by FactSet.
ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) has an average rating of buy and mean price target of 674.33 Indian rupees, according to analysts polled by FactSet.
ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) has an average rating of buy and mean price target of 674.33 Indian rupees, according to analysts polled by FactSet.
ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) said it is unaware of any developments related to a media report claiming that co-promoter Prudential Plc intends to retain its stake in the insurer.Shares of the insurer fell over 1% in Friday's trade.The company was responding to a report that said U.K.-based co-promoter Prudential Plc. was considering seeking IRDAI approval to be reclassified as a strategic investor, rather than a promoter, to retain its 21.9% stake in ICICI Prudential Life.In a stock exchange filing on Thursday, ICICI Prudential said it had no information regarding the reported plans.
Prudential (SGX:K6S, HKG:2378) agreed to acquire a 75% stake in India's Bharti Life Insurance Company for 35 billion Indian rupees, according to a Sunday filing with the Hong Kong bourse.The insurer's Hong Kong-listed shares fell 2% in morning trade Monday.Prudential is acquiring the stake from Bharti Life Ventures and 360 ONE Asset Management, pending regulatory approval. The firm may be required to pay an additional 7 billion rupees if certain conditions are met.Following completion, the firm's Indian operations will include majority-owned Bharti Life Insurance and Prudential HCL Health Insurance, as well as minority shareholdings in ICICI Prudential Asset Management and ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133).To secure regulatory approval, Prudential is expected to reduce its 22% shareholding in ICICI Prudential Life Insurance to under 10%, the firm said.Proceeds from the stake sale will be used to support future growth of the business, Prudential said.
ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) has an average rating of overweight and mean price target of 725.14 Indian rupees, according to analysts polled by FactSet.
ICICI Prudential Life Insurance (NSE:ICICIPRULI, BOM:540133) has an average rating of overweight and mean price target of 725.14 Indian rupees, according to analysts polled by FactSet.
ICICI Prudential Life Insurance's (NSE:ICICIPRULI, BOM:540133) consolidated profit jumped to 6.24 billion Indian rupees in the fiscal fourth quarter from 3.85 billion rupees a year ago, according to a Tuesday filing to the Indian stock exchanges.Shares of the company were up nearly 3% in Wednesday's trade.The insurer's earnings per share for the quarter ended March 31 climbed to 4.28 rupees from 2.65 rupees a year earlier.Net premium income in fiscal Q4 increased to 191.8 billion rupees from 163.7 billion rupees a year earlier.The company's board recommended a final dividend of 1.65 rupees per share for the financial year ended March 31.
ICICI Prudential Life Insurance (BOM:540133, NSE:ICICIPRULI) has an average rating of overweight and mean price target of 729.20 Indian rupees, according to analysts polled by FactSet.
