ICICI Lombard share price crashes 15% to 52-week low after Q1 profit tanks 46%; Should you buy the dip?
New Delhi, July 16 -- Shares of ICICI Lombard General Insurance Company tumbled nearly 15% to their 52-week low of Rs.1,544.40 on the BSE on Thursday, July 16, after the insurance company reported a 46% decline in net profit for the first quarter of FY27.
The sharp decline marked the stock's biggest intraday fall in more than six years, with the shares slipping to a two-year low following a weak June quarter performance.
The insurance stock is now more than 25% below its 52-week high of Rs.2,064.15, touched in November 2025. It has remained under pressure in recent weeks, declining 10% in one week, 9% in one month, 14% in three months and 17% over the past one year.
ICICI Lombard General Insurance on Wednesday reported a 46% decline in...
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