ICICI Pru Life share price up 0.9 per cent

ICICI Pru Life share price up 0.9 per cent
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

A total of 13,975 shares changed hands on the counter till 11:32AM (IST).

Getty Images
Nifty on Wednesday halted a falling spree and formed a bullish candle on the daily chart.
Shares of ICICI Prudential Life Insurance Company Ltd. traded 0.9 per cent up at Rs 632.45 at around 11:32AM (IST) on Wednesday. The stock had closed at Rs 626.8 in the previous session. Equity benchmark Sensex traded 61.15 points higher at 52922.33 around the same time.


The scrip has climbed 45.84 per cent in the last one year till date, while the 30-share index has gained 49.38 per cent during the same period.

The stock's 52-week high price stood at Rs 634.2 and the 52-week low price at Rs 397.65.

Trading volume on the counter stood at 13,975 shares, while it quoted a price-to-earnings ratio of 95.05, an EPS value of 6.66 and a price-to-book value of 5.28. In the Nifty50 pack, 26 stocks traded in the green, while 23 stocks were in the red.

Promoter/FII Holding
Promoters held 73.48 per cent stake in the company as of 31-Mar-2021, while FII and mutual funds' ownership stood at 16.51 per cent and 3.42 per cent, respectively.

Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 735.33 crore, up 17.88 per cent from the previous quarter's Rs 623.78 crore and up 25.55 per cent from the year-ago quarter's Rs 987.71 crore. The company reported net profit of Rs 62.51 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.

Read More News on

(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.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day