ICICI Lombard stock price down 0.31 per cent as Sensex climbs
ICICI Lombard General Insurance Company Ltd. fell 0.31 per cent to Rs 2132.6 at 11:11AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 894 shares with a turnover of Rs 0.2 crore till 11:11AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 49.86, while the price-to-book value ratio stood at 6.8.
Return on equity (ROE) was at 15.72 per cent, according to exchange data. The stock hit an intraday high of Rs 2146.9 and a low of Rs 2129.1 during the session and quoted a 52-week high price of Rs 2170.0 and a 52-week low of Rs 1266.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.64.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 1660.09 on August 29, while the 50-DMA was at Rs 1925.06. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 71.66. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2024, promoters held 51.81 per cent stake in the company, while overseas investors held 23.94 per
