ICICI Prudential Life Stocks Tumbles 10% on Weak Q3 | Stock Market News
Zee Business Video Team | Updated: January 18, 2024 02:45 PM IST
ICICI Prudential Life Insurance shares plunged over 10% on January 18, its steepest fall in a year, after reporting underwhelming Q3 results with a sharp drop in value of new business and margins. Higher sales of unit-linked insurance products (ULIPs) with lower margins were cited as a key factor.
