Share price of ICICI Pru Life jumps as Sensex gains 42.29 points
A total of 6,813 shares changed hands on the counter till 10:05AM (IST)
Share price of . gained 2.01 per cent to Rs 584.15 at 10:05AM (IST) in Tuesday's trade. The counter hit a high of Rs 587.0 and low of Rs 572.6 so far during the session. The stock had closed at Rs 572.6 in the previous session.The counter had a total traded volume of 10:05AM shares so far with a turnover of Rs 0.4 crore on . The stock traded at a price-to-earnings multiple of 96.97 and a price-to-book ratio of 7.97.
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 - Life industry.
Promotor/FII Holding
Promoters held 73.24 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 13.35 per cent and 8.54 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 23025.12 crore for the quarter ended 31-Mar-2024, down 14.24 per cent from the previous quarter's Rs 26849.7 crore and down 113.84 per cent from the year-ago quarter's Rs 10767.43 crore.
Its profit for the latest quarter stood at Rs 173.67 crore, down 26.18 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
