Share price of ICICI Pru Life falls as Sensex gains 423.79 points
The counter has had a total traded volume of 29082 shares so far with a value of Rs 166.0 crore on the NSE. It traded at a price-to-earnings multiple of 95.6 and a price-to-book ratio of 6.23.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 8.99 per cent during the past one year, while the 30-share index advanced 19.09 per cent during the same period. ICICI Prudential Life Insurance Company Ltd.
belongs to the Insurance — Life industry.Promotor/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FIIs and domestic institutional investors ownership stood at 15.43 per cent and 4.39 per cent, respectively.Key Financials The firm reported consolidated sales of Rs 23879.55 crore for the quarter ended 30-Jun-2023, up 121.78 per cent from the previous quarter's Rs 10767.43 crore and up 52.02 per cent from the year-ago quarter's Rs 15707.72 crore. Profit for the latest quarter stood at Rs 206.19 crore, up 31.7 per cent from the same quarter a year ago.
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