ICICI Pru Life rises 0.75% as Sensex climbs

Shares of ICICI Prudential Life Insurance Company Ltd. traded at Rs 564.45 on BSE at 11:26AM (IST) on Tuesday, up 0.75 per cent from previous close.

The stock quoted a 52-week low price of Rs 411.0 and a high of Rs 724.5.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 8,934 lakh shares changed hands on the counter till 11:26AM (IST).

The stock of ICICI Prudential Life Insurance Company Ltd. commanded a market value of Rs 81508.54 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 128.39, while the price-to-book value ratio stood at 5.28. Return on equity (ROE) was at 7.9 per cent, according to exchange data.

In the BSE500 pack, 382 stocks traded in the green, while 118 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.14.

Promotor/FII Holding
Promoters held 51.32 per cent in ICICI Prudential Life Insurance Company Ltd. as of 31-Dec-2021 while foreign and domestic institutional investors owned 16.92 per cent and 3.64 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 608.82 on February 01, while the 50-DMA was at 576.86. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.