ICICI Pru Life shares drop 0.43% as Sensex falls
ICICI Prudential Life Insurance Company Ltd. traded 0.43 per cent down at Rs 553.05 at 01:29PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 26.02 points to 65944.02.
The stock had settled at Rs 555.45 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 615.55 and Rs 380.95, respectively.
As per BSE data, total traded volume on the counter till 01:29PM (IST) stood at 01:29PM shares with turnover at Rs 1.06 crore.
At the current price, shares of the company trades at 87.82 times its trailing 12-month EPS of Rs 6.3 per share and 6.23 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.14.
Shareholding Details Promoters held 73.29 per cent stake in the company as of 30-Sep-2023, while FIIs owned 15.51 per cent and DIIs 6.37 per cent.
