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ICICIPRULI Icici Prudential Life Insurance News Story

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India's ICICI Prudential Life Insurance gains on Q2 profit rise

** Shares of ICICI Prudential Life Insurance ICIR.NS rise 2% to 608 rupees

** ICIR set for biggest jump in three months since July 9

** Co posts ~19% rise in PAT yoy

* Value of new business margin, which measures profitability of new policies, rises 80 bps yoy

** ICIR rated "buy" by 30 analysts covering it; median PT at 715 rupees- per data compiled by LSEG

** YTD, stock pares losses to ~7%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))

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