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Buzzing Stocks: MRPL jumps on Q1 profit turnaround; ICICI Lombard slumps after weak earnings

in5points
  1. MRPL shares jumped after reporting a Q1 profit turnaround.

  2. ICICI Lombard shares declined 12% after reporting a 46% year-on-year drop in June-quarter profit to Rs 403.2 crore.

  3. ICICI Lombard's net premium earned increased 15.8% year-on-year to Rs 5,950 crore.

  4. The earnings miss for ICICI Lombard came despite higher premium income.