ICICI Lombard share price down 0.88 per cent

economictimes.indiatimes.com:

ICICI Lombard General Insurance Company Ltd. traded 0.88 per cent up at Rs 1363.05 at around 01:46PM (IST) on Monday. The stock had closed at Rs 1375.15 in the previous session.

Equity benchmark Sensex traded 339.18 points higher at 66400.08 around the same time. The scrip has climbed 8.61 per cent in the last one year till date, while the 30-share index has gained 24.07 per cent during the same period. The stock's 52-week high price stood at Rs 1383.0 and the 52-week low price at Rs 1049.1.

Trading volume on the counter stood at 2,595 shares, while it quoted a price-to-earnings ratio of 38.66, an EPS value of 35.21 and a price-to-book value of 5.03. In the Nifty50 pack, 26 stocks traded in the green, while 24 stocks were in the red.Promoter/FII Holding Promoters held 48.02 per cent stake in the company as of 31-Mar-2023, while overseas investor and mutual funds' ownership stood at 22.85 per cent and 14.96 per cent, respectively.Key Financials For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 5446.57 crore, up 19.18 per cent from the previous quarter's Rs 4570.11 crore and up 13.48 per cent from the year-ago quarter's Rs 4799.75 crore. The company reported net profit of Rs 436.96 crore for the latest quarter.Technical Indicators The MACD signalled a bearish bias on the counter.

The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.