ICICI Lombard rises 2.49% as Sensex climbs

Shares of ICICI Lombard General Insurance Company Ltd. traded at Rs 1212.4 on BSE at 10:41AM (IST) on Thursday, up 2.49 per cent from previous close.

The stock quoted a 52-week low price of Rs 1049.1 and a high of Rs 1369.0.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 26,001 lakh shares changed hands on the counter till 10:41AM (IST).

The stock of ICICI Lombard General Insurance Company Ltd. commanded a market value of Rs 59620.13 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 34.48, 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.

In the BSE500 pack, 354 stocks traded in the green, while 147 stocks were in the red.

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

Promotor/FII Holding
Promoters held 0.0 per cent in ICICI Lombard General Insurance Company Ltd. as of 31-Mar-2023 while foreign portfolio investors and domestic institutional investors owned 22.85 per cent and 14.96 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1160.19 on June 01, while the 50-DMA was at 1095.25. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.