Share price of ICICI Pru Life rises as Nifty weakens

Share price of ICICI Pru Life rises as Nifty weakens
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Synopsis

A total of 34,026 shares changed hands on the counter till 12:26PM (IST).

ETMarkets.com
Shares of ICICI Prudential Life Insurance Company Ltd. gained 0.9 per cent to Rs 584.45 in Monday's trade as of 12:26PM (IST).

The stock hit a high price of Rs 584.45 and low of Rs 567.65 during the session.

The return on equity (ROE) for the stock stood at 14.79 per cent. Traded volume on the counter stood at 12:26PM shares and turnover at Rs 1.95 crore around that time.

The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 590.8 and Rs 367.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.14.

Promotor/FII Holding
Promoters held 73.48 per cent stake in the company as of 31-Mar-2021, while overseas investors held 16.51 per cent and domestic institutional investors had 4.3 per cent.

Key Financials
The company reported consolidated sales of Rs 735.33 crore for the quarter ended 31-Mar-2021, up 17.88 per cent from previous quarter's Rs 623.78 crore and up 25.55 per cent from the year-ago quarter's Rs 987.71 crore.

Net profit after tax for the latest quarter stood at Rs 62.51 crore, down 65.03 per cent from the same quarter a year ago.

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