Share price of ICICI Lombard falls as Sensex gains 86.03 points
ICICI Lombard General Insurance Company Ltd. dropped 0.97 per cent to Rs 1365.75 at 02:10PM (IST) in Wednesday's trade. The stock hit a high of Rs 1379.8 and low of Rs 1361.0 so far during the session.
The stock had closed at Rs 1379.15 in the previous session.
The counter had a total traded volume of 02:10PM shares so far with a turnover of Rs 0.21 crore on BSE. The stock traded at a price-to-earnings multiple of 38.19 and a price-to-book ratio of 5.03.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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 Lombard General Insurance Company Ltd.
belongs to the Insurance — Non Life industry.
Promotor/FII Holding Promoters held 48.0 per cent stake in the company as of 30-Sep-2023, while overseas investors and domestic institutional investors ownership stood at 22.37 per cent and 18.41 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 5271.06 crore for the quarter ended 30-Sep-2023, up 11.59 per cent from the previous quarter's Rs 4723.62 crore and up 12.04 per cent from the year-ago quarter's Rs 4704.51 crore.
