New Delhi, June 10 -- General insurance has caught investors' attention over the last few days. Reports indicate that the ministry of road transport and highways is considering an 18-25% hike in third-party motor insurance premiums.

On cue, ICICI Lombard General Insurance, which claims 10.8% share of India's motor insurance market, surged 7% in a single day on Friday.

Investor enthusiasm around the stock is not new. The stock has been outperforming over the last three years.







While disappointing Q4 earnings had dampened sentiment in recent months, the latest development has breathed fresh life into the counter. Can this take the stock to new heights?

For general insurers, automotive insurance constitutes a major chunk, around 30%...