ReutersShares of ICICI Lombard General Insurance Company Ltd. traded 0.49 per cent down at Rs 1291.4 on Friday at around 12:38PM (IST), while the benchmark BSE Sensex advanced 157.64 points to 58049.65.
As many as 4,931 shares changed hands on the counter with a total value of Rs 0.64 crore.
The stock quoted a 52-week high price of Rs 1674.0 and a 52-week low of Rs 1274.15.
On the technical charts, the 200-DMA of the stock stood at Rs 1480.88, while 50-DMA was at Rs 1379.96. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 13.78 per cent in the past one year, while Sensex has risen 11.42 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 50.23 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 reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Insurance - Non Life industry.
As many as 4,931 shares changed hands on the counter with a total value of Rs 0.64 crore.
The stock quoted a 52-week high price of Rs 1674.0 and a 52-week low of Rs 1274.15.
On the technical charts, the 200-DMA of the stock stood at Rs 1480.88, while 50-DMA was at Rs 1379.96. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 13.78 per cent in the past one year, while Sensex has risen 11.42 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 50.23 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 reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Insurance - Non Life industry.
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