ICICI Pru Life shares drop 1.7% as Sensex rises
The stock quoted a 52-week high of Rs 640.8 and a 52-week low of Rs 420.1.
Shares of . traded 1.7 per cent lower in Thursday's session at 01:49PM (IST). The stock opened at Rs 574.8 and has touched an intraday high and low of Rs 577.55 and Rs 562.7, respectively, during the session so far.The stock quoted a 52-week high of Rs 640.8 and a 52-week low of 420.1. About 47,967 shares changed hands on the counter so far.
Benchmark Nifty50 was up 98.2 points at 22500.6, while the BSE traded 314.61 points higher at 74167.55 at the time of writing of this report.
In the pack, 32 stocks traded the day in the green, while 18 were in the red.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 23025.12 crore, 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. The company reported net profit of Rs 173.67 crore for the latest quarter.
Promoter Holdings
Promoters held 73.24 per cent stake in the company as of 31-Mar-2024, while FIIs held 13.35 per cent and MFs 6.43 per cent.
Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 550.83 on April 25, while the 50-DMA was at Rs 569.23. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
Source: Stocks-Markets-Economic Times
