Share price of ICICI Lombard rises as Nifty strengthens

Shares of General Insurance Company Ltd. gained 0.65 per cent to Rs 1450.4 in Thursday's trade as of 01:27PM (IST).

The stock hit a high price of Rs 1459.3 and low of Rs 1428.45 during the session.

The return on equity (ROE) for the stock stood at 18.15 per cent. Traded volume on the counter stood at 01:27PM shares and turnover at Rs 1.24 crore around that time.

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 foreign investors held 30.57 per cent and domestic institutional investors had 10.86 per cent.

Key Financials
The company reported consolidated sales of Rs 200.16 crore for the quarter ended 30-Jun-2021, down 78.26 per cent from previous quarter's Rs 920.72 crore and down 64.16 per cent from the year-ago quarter's Rs 558.49 crore.

Net profit after tax for the latest quarter stood at Rs 151.63 crore, down 61.91 per cent from the same quarter a year ago.