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ICICI Prudential drops after Q4 PAT slides 26% YoY to Rs 174 cr

ICICI Prudential drops after Q4 PAT slides 26% YoY to Rs 174 cr
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LIC: Now people are reposing faith in LIC and we expect this to continue: Siddhartha Mohanty

LIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanced approach to ensure sustainability. LIC is monitoring the market and taking a mixed strategy. Non par products are giving good returns and are getting traction in the market. ....

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