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    ICICI Lombard shares up 1.14% as Nifty gains

    Synopsis

    A total of 14,227 shares changed hands on the counter till 11:53AM (IST).

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    NEW DELHI: Shares of General Insurance Company Ltd. traded 1.14 per cent up in Wednesday's trade at 11:53AM (IST). Around 14,227 shares changed hands on the counter.

    The scrip opened at Rs 1446.0 and touched an intraday high and low of Rs 1480.75 and Rs 1446.0, respectively, in the session so far. Shares of the company of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1625.0 and a 52-week low of Rs 1201.0.

    Total market cap of the ICICI Lombard General Insurance Company Ltd. stood at Rs 66845.15 crore at the time of writing this report.

    Did you Know?

    Stock score of ICICI Lombard General Insurance Company Ltd moved down by 2 in a month on a 10-point scale.

    View Latest Stock Report »

    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.

    The net profit for latest quarter stood at Rs 151.63 crore, down 61.91 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 30-Jun-2021, DIIs held 9.63 per cent stake in the company, while foreign institutional investors held 30.57 per cent and the promoters 51.87 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a price-to-earnings multiple of 54.5 and a price-to-book ratio of 8.04. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    ICICI Lombard General Insurance Company Ltd. belongs to the Insurance - Non Life industry.
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