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Read Stock Insights by ET for a quick analysis
Shares of General Insurance Company Ltd. traded 1.43 per cent up at Rs 1446.85 at around 11:33AM (IST) on Wednesday. The stock had closed at Rs 1426.5 in the previous session. Equity benchmark Sensex traded 592.1 points higher at 49793.49 around the same time.
The scrip has climbed 24.98 per cent in the last one year till date, while the 30-share index has gained 80.47 per cent during the same period.
The stock's 52-week high price stood at Rs 1625.0 and the 52-week low price at Rs 1056.0.
Trading volume on the counter stood at 3,095 shares, while it quoted a price-to-earnings ratio of 46.61, an EPS value of 31.01 and a price-to-book value of 8.58. In the Nifty50 pack, 47 stocks traded in the green, while 3 stocks were in the red.
Promoter/FII Holding
Promoters held 51.89 per cent stake in the company as of 31-Dec-2020, while overseas investor and mutual funds' ownership stood at 29.44 per cent and 10.23 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 452.05 crore, down 16.47 per cent from the previous quarter's Rs 541.19 crore and down 3.52 per cent from the year-ago quarter's Rs 436.69 crore. The company reported net profit of Rs 313.53 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The scrip has climbed 24.98 per cent in the last one year till date, while the 30-share index has gained 80.47 per cent during the same period.
The stock's 52-week high price stood at Rs 1625.0 and the 52-week low price at Rs 1056.0.
Trading volume on the counter stood at 3,095 shares, while it quoted a price-to-earnings ratio of 46.61, an EPS value of 31.01 and a price-to-book value of 8.58. In the Nifty50 pack, 47 stocks traded in the green, while 3 stocks were in the red.
Promoter/FII Holding
Promoters held 51.89 per cent stake in the company as of 31-Dec-2020, while overseas investor and mutual funds' ownership stood at 29.44 per cent and 10.23 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 452.05 crore, down 16.47 per cent from the previous quarter's Rs 541.19 crore and down 3.52 per cent from the year-ago quarter's Rs 436.69 crore. The company reported net profit of Rs 313.53 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
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