ICICI Pru Life shares up 1.67% as Nifty gains
A total of 3,167 shares changed hands on the counter till 10:00AM (IST).
NEW DELHI: Shares of . traded 1.67 per cent up in Wednesday's trade at 10:00AM (IST). Around 3,167 shares changed hands on the counter.The counter opened at Rs 549.1 and touched an intraday high and low of Rs 560.2 and Rs 549.1, respectively, in the session so far. Shares of the company of . quoted a 52-week high of Rs 615.55 and a 52-week low of Rs 393.7.
As per , the total market cap of the Ltd. stood at Rs 80434.3 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 26849.7 crore for the quarter ended 31-Dec-2023, up 49.51 per cent from previous quarter's Rs 17958.08 crore and up 53.72 per cent from the year-ago quarter's Rs 17466.3 crore.
The net profit for latest quarter stood at Rs 226.92 crore, up 2.42 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, DIIs held 5.58 per cent stake in the company, while foreign institutional investors held 14.73 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 88.17 and a price-to-book ratio of 6.23. 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
