Buy ICICI Prudential Life Insurance Company, target price Rs 620: Emkay Global
ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 74164.01 Crore) operating in Financial Services sector.
ICICI Prudential Life Insurance Company Ltd. key Products/Revenue Segments include Amount transferred from Policyholder Account, Interest, Dividend & Rent, Profit/Loss on Sale/Redemption of Investments for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 9987.32 Crore, down -57.43 % from last quarter Total Income of Rs 23461.85 Crore and down -65.28 % from last year same quarter Total Income of Rs 28761.54 Crore. Company reported net profit after tax of Rs 312.00 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 73.41 per cent stake in the company as of 31-Dec-2021, while FIIs owned 16.92 per cent, DIIs 4.26 per cent.
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