ICICI Lombard shares drop 0.9% as Sensex rises
A total of 24,392 shares changed hands on the counter till 01:23PM (IST)
Shares of . traded 0.9 per cent down at Rs 1707.75 at 01:23PM (IST) on Thursday, even as benchmark gained 105.67 points to 72410.55. The stock had closed at Rs 1723.3 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 1739.95 and Rs 1049.1, respectively.
As per BSE data, total traded volume on the counter till 01:23PM (IST) stood at 01:23PM shares with turnover at Rs 4.15 crore.
At the current price, the stock trades at 45.75 times its trailing 12-month EPS of Rs 37.3 per share and 5.03 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.64.
Shareholding Details
Promoters held 47.91 per cent stake in the company as of 31-Dec-2023, while FIIs owned 23.04 per cent and DIIs 17.86 per cent.
Source: Stocks-Markets-Economic Times
