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    ICICI Lombard rises 0.75% as Sensex slides

    Synopsis

    The stock traded at a P/E multiple of 47.7, while the price-to-book value ratio stood at 8.58.

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    Back home a gradual easing of lockdown measures in major global economies lifted domestic equity benchmarks for the third session in a row.
    Shares of General Insurance Company Ltd. traded at Rs 1545.0 on BSE at 10:15AM (IST) on Monday, up 0.75 per cent from previous close.

    The stock quoted a 52-week low price of Rs 1201.0 and a high of Rs 1625.0.

    Earlier, shares of the company saw a gap down opening in the morning.

    Did you Know?

    Stock score of ICICI Lombard General Insurance Company Ltd moved down by 1 in a month.

    View Latest Stock Report »

    A total of 6,631 lakh shares changed hands on the counter till 10:15AM (IST).

    The stock of ICICI Lombard General Insurance Company Ltd. commanded a market value of Rs 70268.95 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 47.7, while the price-to-book value ratio stood at 8.58. Return on equity (ROE) was at 20.92 per cent, according to exchange data.

    In the BSE500 pack, 220 stocks traded in the green, while 280 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 0.64.

    Promotor/FII Holding
    Promoters held 51.88 per cent in ICICI Lombard General Insurance Company Ltd. as of 31-Mar-2021 while overseas and domestic institutional investors owned 29.08 per cent and 9.85 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 1407.97 on June 21, while the 50-DMA was at 1459.11. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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