ICICI Lombard stock price down 0.29 per cent as Sensex climbs

Shares of ICICI Lombard General Insurance Company Ltd. fell 0.29 per cent to Rs 1095.6 at 01:38PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 6,932 shares with a turnover of Rs 0.76 crore till 01:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 33.57, while the price-to-book value ratio stood at 6.89.

Return on equity (ROE) was at 13.42 per cent, according to exchange data. The stock hit an intraday high of Rs 1100.55 and a low of Rs 1080.75 during the session and quoted a 52-week high price of Rs 1410.55 and a 52-week low of Rs 1070.95.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.64.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1196.23 on February 23, while the 50-DMA was at Rs 1187.37. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 28.69. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2022, promoters held 48.02 per cent stake in the company, while FIIs held 23.39 per cent and domestic institutional investors had 16.63 per cent.