Should you buy, sell or hold ICICI Pru shares after life insurer's Q4 results?

Q4 FY25 Results Update: ICICI Prudential Life Insurance Company (ICICIPRULI) on Tuesday staged a strong financial performance for the final quarter of the last financial year. Its standalone net profit more than doubled to Rs 385 crore for the quarter ended March 31, from Rs 174 crore a year ago, while its gross premium income grew 7.2 per cent to Rs 16,832 crore, according to a regulatory filing post-market hours. According to Zee Business research, ICICI Prudential Life Insurance was expected to register a standalone net profit of Rs 290 crore for the January-March period with a gross premium income of Rs 16,240 crore. The life insurance provider's value of new business (VNB) margin—a key measure of profitability for insurance businesses—improved by 120 basis points to 22.7 per cent.

Here's how various brokerages view ICICI Prudential after the release of the private sector life insurance company's latest earnings report:

Macquarie maintains 'neutral' rating with Rs 725 target

Macquarie has maintained a 'neutral' rating for ICICI Prudential after the earnings announcement, keeping its target for the stock intact at Rs 725.

The target price implies a potential upside of 27.7 per cent in the stock from Tuesday's closing price.

Morgan Stanley retains 'equal-weight' rating on ICICI Pru, cuts target by Rs 30

Morgan Stanley maintained its 'equal-weight' rating for ICICI Pru but reduced its target price to Rs 600 from Rs 630.

ICICI Pru's value of new business (VNB) was better than the brokerage's estimate.

The brokerage revised downward its annual premium equivalent (APE) for the insurance company citing slowing ULIP growth.

Its target price suggests a 5.7 per cent upside in the stock.

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