Share price of ICICI Lombard jumps as Sensex gains 77.23 points

economictimes.indiatimes.com:

ICICI Lombard General Insurance Company Ltd. gained 0.53 per cent to Rs 1660.0 at 12:12PM (IST) in Monday's trade. The scrip hit a high of Rs 1660.0 and low of Rs 1647.05 so far during the session. The stock had closed at Rs 1651.15 in the previous session.
The counter had a total traded volume of 12:12PM shares so far with a turnover of Rs 0.39 crore on BSE. The stock traded at a price-to-earnings multiple of 44.51 and a price-to-book ratio of 5.03.

A higher P/E 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 47.91 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 23.04 per cent and 17.86 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 5211.98 crore for the quarter ended 31-Dec-2023, down 1.12 per cent from the previous quarter's Rs 5271.06 crore and down 14.04 per cent from the year-ago quarter's Rs 4570.11 crore.
Its profit for the latest quarter stood at Rs 431.46 crore, up 22.39 per cent from the same quarter a year ago.