Share price of ICICI Lombard falls as Sensex gains 284.96 points
A total of 2,884 shares changed hands on the counter till 12:11PM (IST)
Share price of . dropped 0.58 per cent to Rs 1666.25 at 12:11PM (IST) in Friday's trade. The scrip hit a high of Rs 1683.45 and low of Rs 1661.4 so far during the session. The stock had closed at Rs 1676.1 in the previous session.The counter had a total traded volume of 12:11PM shares so far with a turnover of Rs 0.49 crore on . The stock traded at a price-to-earnings multiple of 43.87 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.
. belongs to the Insurance - Non Life industry.
Promotor/FII Holding
Promoters held 51.27 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 23.05 per cent and 15.96 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 5395.46 crore for the quarter ended 31-Mar-2024, 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's Rs 5446.57 crore.
Its profit for the latest quarter stood at Rs 519.5 crore, up 18.89 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
