ICICI Pru Life shares up 0.63% as Nifty gains
A total of 12,534 shares changed hands on the counter till 11:42AM (IST).
NEW DELHI: Shares of . traded 0.63 per cent up in Friday's trade at 11:42AM (IST). Around 12,534 shares changed hands on the counter.The scrip opened at Rs 605.4 and touched an intraday high and low of Rs 609.25 and Rs 598.85, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 640.8 and a 52-week low of Rs 463.5.
Total market cap of the Ltd. stood at Rs 86775.52 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 23025.12 crore for the quarter ended 31-Mar-2024, down 14.24 per cent from previous quarter's Rs 26849.7 crore and down 113.84 per cent from the year-ago quarter's Rs 10767.43 crore.
The net profit for latest quarter stood at Rs 173.67 crore, down 26.18 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 6.43 per cent stake in the firm, while foreign institutional investors held 13.35 per cent and the promoters 73.24 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 102.01 and a price-to-book ratio of 8.0. 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 - Life industry.
Source: Stocks-Markets-Economic Times
