ICICI Lombard rallies to 3-month high; Analysts see further upside
Shares of ICICI Lombard General Insurance jumped nearly 8% to hit a three-month high on Wednesday after the company reported an 18% year-on-year rise in Q2 net profit to ₹820 crore. Analysts credited the strong showing to disciplined underwriting, tight cost control, and improving margins, while technical indicators suggest the stock could rally further in the medium term.