Risk factor
Low price volatility
Profitability factor
Strong margins and returns
About
ICICI Lombard General Insurance Company Limited, headquartered in Mumbai, India, offers a comprehensive array of non-life insurance products and services across the nation. Their extensive portfolio includes policies designed for motor vehicles (such as cars and two-wheelers), health (with enhanced booster options), personal accident coverage, travel, home, and NRI-specific insurance. For businesses and specialized sectors, they provide solutions for marine, fire, engineering, liability, employee groups, general business operations, third-party risks, as well as unique coverage for crop, rural initiatives, cattle, adverse weather conditions, and cyber security. The company also offers reinsurance services. Serving a broad clientele that encompasses large corporations, small and medium-sized enterprises, state and central government entities, and rural communities, ICICI Lombard leverages a diverse distribution network. This includes independent agents, brokers, bancassurance partnerships, telesales teams, direct alliances, specialized motor insurance service providers, and modern online platforms. The company was founded in 2000.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value on
Target Price
The average target price of ICICIGI.NS is 1893 and suggests 12.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomme