Share price of ICICI Pru Life jumps as Sensex drops 622.65 points
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 13.36 per cent and 6.43 per cent, respectively.
The share price of . gained 1.68 per cent to Rs 657.1 at 12:23PM (IST) in Wednesday's trade. The stock has hit a high of Rs 665.0 and low of Rs 638.0 so far during the session. The stock had closed at Rs 646.2 in the previous session.The counter has had a total traded volume of 30051 shares so far with a value of Rs 1.96 crore on the . It traded at a price-to-earnings multiple of 111.82 and a price-to-book ratio of 8.0.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 32.75 per cent during the past one year, while the 30-share index advanced 27.38 per cent during the same period.
. belongs to the Insurance - Life industry.
Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 13.36 per cent and 6.43 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 23025.12 crore for the quarter ended 31-Mar-2024, 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's Rs 10767.43 crore.
Profit for the latest quarter stood at Rs 173.67 crore, down 26.18 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
