Share price of ICICI Pru Life falls as Nifty strengthens

Share price of ICICI Pru Life falls as Nifty strengthens
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Synopsis

A total of 95,549 shares changed hands on the counter till 02:11PM (IST).

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Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
Shares of ICICI Prudential Life Insurance Company Ltd. slipped 2.58 per cent to Rs 435.6 in Tuesday's trade as of 02:11PM (IST).

The stock hit a high price of Rs 444.6 and low of Rs 430.0 during the session.

The return on equity (ROE) for the stock stood at 7.9 per cent. Traded volume on the counter stood at 02:11PM shares and turnover at Rs 4.17 crore around that time.

The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 724.5 and Rs 411.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.14.

Promotor/FII Holding
Promoters held 73.41 per cent stake in the company as of 31-Dec-2021, while overseas investors held 16.92 per cent and domestic institutional investors had 4.26 per cent.

Key Financials
The company reported consolidated sales of Rs 9987.32 crore for the quarter ended 31-Dec-2021, down 57.43 per cent from previous quarter's Rs 23461.85 crore and down 65.28 per cent from the year-ago quarter's Rs 28761.54 crore.

Net profit after tax for the latest quarter stood at Rs 312.0 crore, up 2.53 per cent from the same quarter a year ago.

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