Religare reiterates Buy on ICICI Prudential Life, sets Rs 650 target
Religare Broking reiterated its Buy rating after the insurer’s September-quarter results, setting a Rs 650 target price. The shares are down 34% so far in 2026; the target implies 42.6% upside.
New Delhi, Oct. 15 — ICICI Life Insurance Ltd shares are down 34% so far in 2026. Religare Broking sees significant scope for a recovery after the insurer's September-quarter results and has reaffirmed its 'Buy' rating, with a Rs.650 target price implying 42.6% upside.