ICICI Lombard General Insurance Company Ltd. rose 0.27 per cent to Rs 1971.4 in Monday's trade as of 10:46AM (IST) even as the benchmark Nifty ruled at 24351.05, down 16.46 points.
The scrip had closed at Rs 1965.95 in the previous session. The stock quoted a 52-week low of Rs 1266.0 and a high of Rs 2032.0. The company quoted a market-cap of Rs 97773.86 crore on the BSE.
On BSE, 3,488 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 46.37 times its trailing 12-month EPS of Rs 42.75 per share and 6.8 times its book value. The return on equity (ROE) stood at Rs 15.72.
Key Financials For the quarter ended 30-Jun-2024, ICICI Lombard General Insurance Company Ltd. reported consolidated sales of Rs 5604.89 crore, up 18.66 per cent from the same quarter a year ago. The company reported 48.68 per cent YoY growth in net profit at Rs 580.37 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.