ICICI Pru Life shares down 0.31% as Nifty falls

ICICI Pru Life shares down 0.31% as Nifty falls
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

The stock quoted a 52-week high price of Rs 640.0 and low of Rs 430.0.

A broker reacts while trading at his computer terminal at a stock brokerage firm in MumbaiReuters
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 . rose 0.31 per cent to Rs 463.9 in Wednesday's trade. It hit an intraday high of Rs 466.3 and low of Rs 462.3, respectively, during the day.

The stock quoted a 52-week high price of Rs 640.0 and low of Rs 430.0.

As of 12:14PM (IST), the counter saw total traded volume of 11,129 shares with a traded value of Rs 0.52 crore, according to NSE.

The stock had closed at Rs 465.35 in the previous session.

The scrip has advanced 1.54 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -3.84 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 77.89 while price-to-book ratio stood at 7.87. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Insurance - Life industry.

Promoter/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while FII and MF ownership in the firm stood at 16.63 per cent and 3.78 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 23111.85 crore for the quarter ended 30-Sep-2022, up 47.14 per cent from the previous quarter's Rs 15707.72 crore and up 1.49 per cent from the year-ago quarter's Rs 23461.85 crore. Its net profit for the latest quarter stood at Rs 200.12 crore, down 55.09 per cent from the same quarter a year ago.
Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on ICICI Prudential Life Insurance Company Ltd.. Explore Now