ICICI Prudential Life Shares Plunge 9% to 52-Week Low Over Prudential Plc’s Stake Cut and New Acquisition
Shares of ICICI Prudential Life Insurance Company plummeted nearly 9% in intraday trading, hitting a fresh 52-week low of ₹488.60 on the National Stock Exchange. This steep decline was triggered by a major strategic announcement from the company’s UK-based joint venture partner, Prudential plc. The British insurance giant revealed that it is acquiring a controlling…
