ICICI Lombard stock price up 1.18 per cent as Sensex climbs
ICICI Lombard General Insurance Company Ltd. rose 1.18 per cent to Rs 1345.05 at 10:46AM hours (IST) on Tuesday.
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 3,310 shares with a turnover of Rs 4438.0 crore till 10:46AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 37.26, while the price-to-book value ratio stood at 5.03.
Return on equity (ROE) was at 16.55 per cent, according to exchange data.
The stock hit an intraday high of Rs 1347.1 and a low of Rs 1320.05 during the session and quoted a 52-week high price of Rs 1422.85 and a 52-week low of Rs 1049.1.
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 1194.29 on August 22, while the 50-DMA was at Rs 1335.7. 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 48.32.
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-2023, promoters held 48.01 per cent stake in the company, while overseas investors held 22.0 per cent and domestic institutional investors had 18.1 per cent.
