ICICI Lombard shares drop 0.26% as Sensex rises

Shares of ICICI Lombard General Insurance Company Ltd. traded 0.26 per cent down at Rs 1083.4 at 01:32PM (IST) on Wednesday, even as BSE benchmark Sensex gained 202.07 points to 60359.79. The scrip had settled at Rs 1086.2 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 01:32PM (IST) stood at 01:32PM shares with turnover at Rs 0.7 crore.

At the current price, shares of the company trades at 33.21 times its trailing 12-month EPS of Rs 32.67 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 48.02 per cent stake in the company as of 31-Dec-2022, while FIIs owned 23.39 per cent and DIIs 16.63 per cent.