Share price of ICICI Pru Life jumps as Sensex gains 501.62 points
A total of 9,328 shares changed hands on the counter till 12:27PM (IST)
Share price of . gained 0.07 per cent to Rs 608.65 at 12:27PM (IST) in Thursday's trade. The scrip hit a high of Rs 614.55 and low of Rs 606.5 so far during the session. The stock had closed at Rs 608.2 in the previous session.The counter had a total traded volume of 12:27PM shares so far with a turnover of Rs 0.57 crore on . The stock traded at a price-to-earnings multiple of 96.27 and a price-to-book ratio of 6.23.
A higher P/E 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 is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Insurance - Life industry.
Promotor/FII Holding
Promoters held 73.27 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 14.73 per cent and 6.92 per cent, respectively.
Key Financials
The firm reported consolidated sales of Rs 26849.7 crore for the quarter ended 31-Dec-2023, up 49.51 per cent from the previous quarter's Rs 17958.08 crore and up 53.72 per cent from the year-ago quarter's Rs 17466.3 crore.
Its profit for the latest quarter stood at Rs 226.92 crore, up 2.42 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
