PRE-MARKET INDIAN STOCKS NEWS: Earnings from ICICI Prudential Life Insurance and ICICI Prudential AMC

ICICI Prudential Life Insurance and ICICI Prudential AMC posted robust earnings growth, particularly ICICI Prudential Life, which saw a year-on-year net increase of nearly 62%.

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PRE-MARKET INDIAN STOCKS NEWS: Earnings from ICICI Prudential Life Insurance and ICICI Prudential AMC

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HG Infra Engineering (HGINFRA IS) - Co. received an order worth INR 5.19bln from Mirzapur Thermal Energy (UP) for execution of civil and P-way works for development of railway infrastructure at the 2x800 MW thermal power project in Mirzapur, Uttar Pradesh. (Moneycontrol)

Hindustan Zinc (HZ IS) - Co. was declared the successful bidder for the Jhandawali-Satipura Amalgamated Potash and Halite Block in Rajasthan at a highest final price offer of 3.05%. (Moneycontrol)

ICICI Prudential Asset Management Company (ICICIAMC IS) - Co. Q4 (INR) net rose 10.4% year-on-year to 7.63bln (prev. 6.92bln), rev. rose 19.5% year-on-year to 15.17bln (prev. 12.69bln) and will pay a final dividend of INR 12.40/shr for FY26. (Moneycontrol)

ICICI Prudential Life Insurance Company (IPRU IS) - Co. Q4 (INR) net rose 61.9% year-on-year to 6.24bln (prev. 3.85bln) and net premium income rose 17.2% year-on-year to 191.80bln (prev. 163.69bln). (Moneycontrol)

Life Insurance Corporation of India (LIC IS) - Co. board approved issuance of bonus equity shares in a 1:1 ratio to existing shareholders, with the record date to be announced later. (Moneycontrol)

RailTel Corporation of India (RAILTEL IS) - Co. received letters of acceptance for two orders worth INR 5.65bln from Rail Vikas Nigam. (Moneycontrol)

Tata Communications (TCOM IS) - Co. said A S Lakshminarayanan stepped down as managing director and chief executive officer effective April 13. (Moneycontrol)

Context
These results indicate strong performance in the Indian insurance sector, reflecting healthy premium income and could positively influence investor sentiment in the broader market, particularly for financial stocks and the INR.

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