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'Buy' ICICI Lombard Shares Maintains Motilal Oswal — Here's Why
Motilal Oswal reiterates Buy rating on ICICI Lombard with a target price of Rs 2,300 (based on 33x Mar’27E earnings per share).
20 Jun 2025, 12:44 PM IST 
ICICI Lombard outpaced industry growth in retail health, reporting a 25% YoY increase (vs 12.1% for the industry), leading to a market share gain to 3.3% in FY25 from 3% in FY24.
(Photo: Unsplash)
ICICI Lombard, in its annual report, has reiterated its future readiness to capitalize on the fast-growing general insurance industry. Its core business strategy is built on five strategic pillars: delivering market-leading performance; providing next-gen customer service via the use of technology; offering innovative products and capturing newer market opportunities; maintaining robust risk management; and optimizing capital and imp...
