ICICI Pru Life shares drop 0.3% as Sensex rises
A total of 19,238 shares changed hands on the counter till 12:23PM (IST)
Shares of . traded 0.3 per cent down at Rs 595.75 at 12:23PM (IST) on Tuesday, even as benchmark gained 181.27 points to 72957.4. The scrip had closed at Rs 597.6 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 640.8 and Rs 420.1, respectively.
As per BSE data, total traded volume on the counter till 12:23PM (IST) stood at 12:23PM shares with turnover at Rs 1.15 crore.
At the current price, shares of the company trades at 95.38 times its trailing 12-month earnings per share of Rs 5.9 per share and 6.23 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 1.14.
Shareholding Details
Promoters held 73.24 per cent stake in the company as of 31-Mar-2024, while FIIs owned 13.35 per cent and DIIs 8.54 per cent.
Source: Stocks-Markets-Economic Times
