ICICI Pru Life shares fall 0.5 per cent in Friday's trading session
ICICI Prudential Life Insurance Company Ltd. fell 0.5 per cent to Rs 516.0 in Friday's trade as of 01:09PM (IST) even as the benchmark Nifty ruled at 21354.0, up 98.95 points.
The scrip had closed at Rs 518.6 in the previous session.
The stock quoted a 52-week low of Rs 380.95 and a high of Rs 615.55. The company quoted a market-cap of Rs 74579.43 crore on the BSE.
On BSE, 17,114 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 82.24 times its trailing 12-month EPS of Rs 6.3 per share and 6.23 times its book value. The return on equity (ROE) stood at Rs 8.09.
Key Financials For the quarter ended 30-Sep-2023, ICICI Prudential Life Insurance Company Ltd.
reported consolidated sales of Rs 17958.08 crore, down 22.3 per cent from the same quarter a year ago. The company reported 21.87 per cent YoY growth in net profit at Rs 243.88 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
