ICICI Lombard shares drop 0.33% as Sensex falls
The stock quoted a 52-week high of Rs 1747.4 and a 52-week low of Rs 1066.65.
Shares of . traded 0.33 per cent lower in Monday's session at 10:55AM (IST). The stock opened at Rs 1665.05 and has touched an intraday high and low of Rs 1668.3 and Rs 1651.05, respectively, during the session so far.The stock quoted a 52-week high of Rs 1747.4 and a 52-week low of 1066.65. About 4,788 shares changed hands on the counter so far.
Benchmark Nifty50 was down 177.36 points at 21877.85, while the BSE traded 618.18 points lower at 72046.29 at the time of writing of this report.
In the pack, 9 stocks traded the day in the green, while 41 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 5395.46 crore, up 3.52 per cent from the previous quarter's Rs 5211.98 crore and up 0.94 per cent from the year-ago quarter. The company reported net profit of Rs 519.5 crore for the latest quarter.
Promoter Holdings
Promoters held 51.27 per cent stake in the company as of 31-Mar-2024, while FIIs held 23.05 per cent and MFs 13.44 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 1478.83 on May 13, while the 50-DMA was at Rs 1677.08. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
