The counter opened at Rs 587.0 and touched an intraday high and low of Rs 590.8 and Rs 574.3, respectively, in the session so far. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 590.8 and a 52-week low of Rs 367.0.
As per BSE, the total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 82992.13 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 735.33 crore for the quarter ended 31-Mar-2021, up 17.88 per cent from previous quarter’s Rs 623.78 crore and up 25.55 per cent from the year-ago quarter’s Rs 987.71 crore.
The net profit for latest quarter stood at Rs 62.51 crore, down 65.03 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, DIIs held 3.42 per cent stake in the company, while foreign institutional investors held 16.51 per cent and the promoters 51.37 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 86.8 and a price-to-book ratio of 7.08. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance – Life industry.
