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The firm is entering the 20th year of operations
On June 22, ICICI Bank divested 21.5 million equity shares, representing 1.50 per cent stake of ICICI Pru, for Rs 840 crore for strengthening its balance sheet.
The company's pre-tax profit for the quarter declined 38 per cent year-on-year (YoY) to Rs 172 crore due to losses in investment
Liabilities of Sahara Life are less than 1% of ICICI Pru's balance sheet
Transport Corporation, Skipper, Sona Koya and Elgi Equipment are among 24 stocks hit new high.
Thus far in the month of June, the stock gained 11% against 1% decline in the S&P BSE Sensex.
The insurer had earned a net profit of Rs 403 cr in same quarter of the previous FY
The stock was up 2% at Rs 333 on BSE inching towards its IPO issue price of Rs 334 per share