ICICI Prudential Life Q4 Results Review: Motilal Oswal Maintains 'Buy' But Lowers Target Price —Here's Why

ICICI Prudential's Q4 APE and value of new business were in line; margin expands to 22.7%, Motilal Oswal reiterates Buy with a target price of Rs 680 (based on 1.6x FY27E EV).