ICICI Prudential Life Insurance Company Ltd. traded 1.82 per cent down in Monday's trade at 01:29PM (IST). Around 11,073 shares changed hands on the counter.
The stock opened at Rs 559.0 and touched an intraday high and low of Rs 559.7 and Rs 547.8, respectively, in the session so far. Shares of the company of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 615.55 and a 52-week low of Rs 380.95.
Total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 79315.78 crore at the time of writing this report.
Key Financials The company reported consolidated net sales of Rs 17958.08 crore for the quarter ended 30-Sep-2023, down 24.8 per cent from previous quarter's Rs 23879.55 crore and down 22.3 per cent from the year-ago quarter's Rs 23111.85 crore.
The net profit for latest quarter stood at Rs 243.88 crore, up 21.87 per cent from the corresponding quarter last year.
Shareholding pattern As of 30-Sep-2023, DIIs held 4.68 per cent stake in the firm, while foreign institutional investors held 15.51 per cent and the promoters 73.29 per cent.
Valuation ratio According to BSE data, the stock traded at a P/E multiple of 87.46 and a price-to-book ratio of 6.23.
A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
ICICI Prudential Life Insurance Company Ltd.