Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

ICICI Lombard gets upgraded by CLSA
Upgrade to buy, TP Rs 1470
See multiple triggers that could reverse underperformance
Healthy growth, high-teen ROE and high combined ratio marks phase 3
Market share loss has reversed
expect 15% Cagr in premiums

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Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!