ICICI Lombard: ICICI Lombard, a subsidiary of private sector giant ICICI Bank, is currently on the target of analysts. In the last few days, there has been a great rise in the shares of ICICI Bank and further rise in its shares is expected. Because of this, the attention of many people has now turned towards ICICI Bank.
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ignored by bank
ICICI Lombard General Insurance Company actually hides from the eyes of investors because of the excellent performance of ICICI Bank. If analysts are to be believed, then they say that in the next 1 year, up to 75 percent return can be earned from the shares of ICICI Lombard General Insurance Company.
Analysts from Morgan Stanley’s India team said, “ICICI Lombard is the leading market share in the insurance business in the country. The company has a lot of growth potential in the coming years. It is close to 5 times in comparison. Along with this, other aspects of the company’s business are also excellent according to the investors. If one bets on such Lombard shares at this time, then he can make great earnings in the coming time “
returns in both cases
ICICI Lombard shares can touch the level of ₹ 1920 even if the stock market does not register a lot. This is 34 percent more than its current level. If the country’s GDP picks up and the demand for general insurance picks up, then ICICI Lombard shares can touch the target of ₹ 2515 in a year. It is actually 75 per cent higher than the current level.
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