New Delhi, Oct. 15 -- ICICI Lombard General Insurance, one of India's leading private sector general insurers, saw a sharp uptick in its share price in Wednesday's trade, climbing 8.6% to reach a 3-month high of Rs.2,014 apiece. The rally came after analysts remained upbeat about the stock following the company's strong September-quarter results.

For Q2 FY26, the company reported a net profit of Rs.820 crore, up 18% year-on-year (YoY), supported by robust demand in the retail health insurance segment and a rebound in vehicle sales.

Premiums from the retail health segment surged 50% YoY, while the corporate health segment grew about 14%. Demand for health insurance in India has continued to rise amid increasing medical costs and heighten...