Share price of ICICI Pru Life jumps as Sensex gains 813.0 points

The share price of ICICI Prudential Life Insurance Company Ltd. gained 0.43 per cent to Rs 563.5 at 01:59PM (IST) in Monday's trade. The counter has hit a high of Rs 564.35 and low of Rs 555.65 so far during the session. The stock had closed at Rs 561.1 in the previous session.

The counter has had a total traded volume of 20637 shares so far with a value of Rs 1.15 crore on the NSE. It traded at a price-to-earnings multiple of 128.58 and a price-to-book ratio of 5.28.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 13.02 per cent during the past one year, while the 30-share index advanced 29.66 per cent during the same period.

ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance - Life industry.

Promotor/FII Holding
Promoters held 51.33 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 17.17 per cent and 3.5 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 772.65 crore for the quarter ended 30-Sep-2021, up 11.82 per cent from the previous quarter's Rs 690.95 crore and up 23.94 per cent from the year-ago quarter's Rs 623.39 crore.

Profit for the latest quarter stood at Rs 445.62 crore, up 47.33 per cent from the same quarter a year ago.