Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crash
Published on: July 16, 2026, 11:27 a.m. | Source: The Economic Times
ICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages to slash target prices and downgrade ratings. Analysts cited weak underwriting, higher claims, regulatory headwinds and slower premium growth, raising concerns over the near-term profitability outlook for the general insurer.
