ICICI Pru Life shares gain 0.46% as Sensex falls
The stock quoted a 52-week high of Rs 640.8 and a 52-week low of Rs 420.1.
Shares of . traded 0.46 per cent higher in Friday's session at 11:21AM (IST). The stock opened at Rs 576.6 and has touched an intraday high and low of Rs 584.5 and Rs 576.0, 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 16,470 shares changed hands on the counter so far.
Benchmark Nifty50 was down 83.46 points at 22564.75, while the BSE traded 433.4 points lower at 74177.71 at the time of writing of this report.
In the pack, 19 stocks traded the day in the green, while 31 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 550.41 on May 03, while the 50-DMA was at Rs 575.43. 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
