Independent Analyst Kunal Bothra has a buy call on ICICI Lombard General Insurance Company Ltd. with a target price of Rs 1460. The current market price of ICICI Lombard General Insurance Company Ltd. is Rs 1412.25 Time period given by analyst is Intra Day when ICICI Lombard General Insurance Company Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 1375.
ICICI Lombard General Insurance Company Ltd., incorporated in 2000, has a market cap of Rs 64176.96 crore.
ICICI Lombard General Insurance Company Ltd. key Products/Revenue Segments include Miscellaneous Insurance which contributed Rs 1210.97 Crore to Sales Value (71.59 % of Total Sales), Interest & Dividend which contributed Rs 353.47 Crore to Sales Value (20.89 % of Total Sales), Income From Sale Of Share & Securities which contributed Rs 106.54 Crore to Sales Value (6.29 % of Total Sales), Fire Insurance which contributed Rs 56.71 Crore to Sales Value (3.35 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 30-09-2019, the company has reported a Standalone sales of Rs 373.24 Crore, down -.29 % from last quarter Sales of Rs 374.33 Crore and up 13.72 % from last year same quarter Sales of Rs 328.22 Crore Company has reported net profit after tax of Rs 307.91 Crore in latest quarter. The company’s top management includes Mr.Alok Kumar Agarwal, Mr.Ashvin Parekh, Mr.Bhargav Dasgupta, Mr.Sandeep Batra, Mr.Sanjeev Mantri, Mr.Suresh Kumar, Mr.Uday Chitale, Mr.Ved Prakash Chaturvedi, Mrs.Lalita D Gupte, Ms.Vishakha Mulye. Company has PKF Sridhar & Santhanam LLP as its auditors. As on 30-09-2019, the company has a total of 454,428,524 shares outstanding.
Source: Economic Times
