Share price of ICICI Lombard jumps as Sensex drops 15.42 points
Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 23.06 per cent and 13.44 per cent, respectively.
The share price of . gained 0.29 per cent to Rs 1691.4 at 12:12PM (IST) in Wednesday's trade. The counter has hit a high of Rs 1695.6 and low of Rs 1670.65 so far during the session. The stock had closed at Rs 1686.35 in the previous session.The counter has had a total traded volume of 17775 shares so far with a value of Rs 3.0 crore on the . It traded at a price-to-earnings multiple of 43.87 and a price-to-book ratio of 5.03.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 56.16 per cent during the past one year, while the 30-share index advanced 22.76 per cent during the same period.
. belongs to the Insurance - Non 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 23.06 per cent and 13.44 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 5395.46 crore for the quarter ended 31-Mar-2024, up 3.52 per cent from the previous quarter's Rs 5211.98 crore and up 0.94 per cent from the year-ago quarter's Rs 5446.57 crore.
Profit for the latest quarter stood at Rs 519.5 crore, up 18.89 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
