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    ICICI Lombard shares gain 0.43% as Sensex falls

    Synopsis

    A total of 6,773 shares changed hands on the counter till 11:07AM (IST)

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    Shares of ICICI Lombard General Insurance Company Ltd. traded 0.43 per cent up at Rs 1076.3 at 11:07AM (IST) on Monday, even as BSE benchmark Sensex dropped 481.57 points to 57508.33. The stock had settled at Rs 1071.65 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 1410.55 and Rs 1049.1, respectively.

    As per BSE data, total traded volume on the counter till 11:07AM (IST) stood at 11:07AM shares with turnover at Rs 0.72 crore.

    At the prevailing price, the stock trades at 32.73 times its trailing 12-month EPS of Rs 32.67 per share and 6.89 times its price-to-book value, the exchange 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 48.02 per cent stake in the company as of 31-Dec-2022, while FIIs owned 23.39 per cent and DIIs 16.63 per cent.
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