ICICI Lombard shares down 0.16% as Nifty gains
A total of 1,482 shares changed hands on the counter till 11:21AM (IST).
NEW DELHI: Shares of . traded 0.16 per cent down in Tuesday's trade at 11:21AM (IST). Around 1,482 shares changed hands on the counter.The stock opened at Rs 1620.05 and touched an intraday high and low of Rs 1634.0 and Rs 1614.25, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 1747.4 and a 52-week low of Rs 1168.9.
Total market cap of the Ltd. stood at Rs 79817.48 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 5395.46 crore for the quarter ended 31-Mar-2024, up 3.52 per cent from previous quarter's Rs 5211.98 crore and up 0.94 per cent from the year-ago quarter's Rs 5446.57 crore.
The net profit for latest quarter stood at Rs 519.5 crore, up 18.89 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, DIIs held 13.44 per cent stake in the company, while foreign institutional investors held 23.05 per cent and the promoters 51.27 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 41.6 and a price-to-book ratio of 6.8. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Ltd. belongs to the Insurance - Non Life industry.
Source: Stocks-Markets-Economic Times
