ICICI Lombard shares gain 1.47% as Sensex rises

ICICI Lombard shares gain 1.47% as Sensex rises
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Synopsis

A total of 4,581 shares changed hands on the counter till 11:42AM (IST)

Reuters
Nifty continues to climb a wall of worry as it looks to be in the final leg of its rally before heading for a correction.
Shares of . traded 1.47 per cent up at Rs 1242.9 at 11:42AM (IST) on Wednesday, even as BSE benchmark Sensex gained 242.08 points to 62775.38. The stock had settled at Rs 1224.9 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1471.2 and Rs 1070.95, respectively.

As per BSE data, total traded volume on the counter till 11:42AM (IST) stood at 11:42AM shares with turnover at Rs 0.57 crore.

At the current price, shares of the company trades at 38.87 times its trailing 12-month EPS of Rs 31.97 per share and 6.89 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.64.

Shareholding Details
Promoters held 48.03 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.43 per cent and DIIs 13.94 per cent.
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