Share price of ICICI Lombard falls as Nifty strengthens

Share price of ICICI Lombard falls as Nifty strengthens
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Synopsis

A total of 37,503 shares changed hands on the counter till 02:12PM (IST).

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India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
Shares of General Insurance Company Ltd. slipped 3.82 per cent to Rs 1485.0 in Friday's trade as of 02:12PM (IST).

The stock hit a high price of Rs 1516.15 and low of Rs 1469.0 during the session.

The return on equity (ROE) for the stock stood at 20.92 per cent. Traded volume on the counter stood at 02:12PM shares and turnover at Rs 5.59 crore around that time.

Did you Know?

Stock score of ICICI Lombard General Insurance Company Ltd moved down by 1 in 6 months on a 10-point scale.

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The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 1625.0 and Rs 1201.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.64.

Promotor/FII Holding
Promoters held 51.87 per cent stake in the company as of 30-Jun-2021, while FIIs held 30.57 per cent and domestic institutional investors had 10.86 per cent.

Key Financials
The company reported consolidated sales of Rs 920.72 crore for the quarter ended 31-Mar-2021, up 103.68 per cent from previous quarter's Rs 452.05 crore and up 55.11 per cent from the year-ago quarter's Rs 593.58 crore.

Net profit after tax for the latest quarter stood at Rs 345.68 crore, up 22.61 per cent from the same quarter a year ago.

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