ICICI Prulife’s steady climb in valuations may sustain on growth efforts
the company’s efforts to regain growth has have been appreciated by investors. The fact that its shares trade at a far lower valuation multiple compared with its peers HDFC Life Insurance Company Ltd and SBI Life Insurance Company Ltd also works in its favour
MUMBAI: Investors of ICICI Prudential Life Insurance Ltd have had a lot to cheer for over the past few months and gains in the company's shares reflect this. As such, analysts have noted the modest valuations and held to their buy ratings on the stock.
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