ICICI Lombard shares up 1.38% as Sensex rises
ICICI Lombard General Insurance Company Ltd. gained 1.38 per cent to Rs 1903.55 in Thursday's session as of 10:15AM (IST) even as the equity benchmark Sensex traded 151.26 points higher at 80867.81.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1911.0 and a 52-week low of Rs 1266.0 on NSE. Around 7204 shares changed hands on the counter till 10:15AM (IST).
The stock opened at Rs 1844.15 and has touched an intraday high and low of Rs 1911.0 and Rs 1844.15 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 48.89, earnings per share (EPS) of Rs 38.9 and price to book value (PB) of 6.8, while the return on equity (ROE) stood at Rs 15.72.
Promoter/ FII Holding
The promoters held 51.81 per cent stake in the company as of July 18, while FII and MF ownerships stood at 23.94 per cent and 15.03 per cent, respectively.
Key Financials With a market capitalisation of Rs 93808.36 crore, the company operates in the Insurance — Non Life industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 5395.46 crore, up 3.52 per cent from the previous quarter?s Rs 5211.98 crore and up 0.94 per cent from the same quarter a year ago. The company reported net profit of Rs 519.5 crore for the latest quarter, up 18.89 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 71.51. The RSI oscillates between zero and 100. Traditionally,
