14 Oct 2026, 06:31 IST
ICICI Life Insurance
HDFC Securities · ADD · target INR585
The report says ICICI Life's APE grew 15% YoY and VNB rose 22% YoY, with VNB margins at 26% (highest H1 margin since H1FY24), and it maintains an ADD rating with a revised target price of INR585 (1.2x Sep-28 EV).
From HSIE Results Daily 14 Oct 26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.
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