ICICI Lombard General Insurance Company Ltd. traded 0.47 per cent up at Rs 1696.55 at 10:56AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 49.59 points to 73854.32. The stock had settled at Rs 1688.55 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 1739.95 and Rs 1056.0, respectively.
As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 10:56AM shares with turnover at Rs 0.25 crore.
At the current price, shares of the company trades at 45.49 times its trailing 12-month earnings per share of Rs 37.3 per share and 5.03 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.64.
Shareholding Details Promoters held 47.91 per cent stake in the company as of 31-Dec-2023, while FIIs owned 23.04 per cent and DIIs 17.86 per cent.