ICICI Prudential Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 84715.30 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 735.33 Crore, up 17.88 % from last quarter Total Income of Rs 623.78 Crore and down -25.55 % from last year same quarter Total Income of Rs 987.71 Crore. Company reported net profit after tax of Rs 62.51 Crore in latest quarter.
Investment Rationale
A breakout is seen with a bullish engulfing candlestick pattern along with rising volume indicating a new leg of uptrend in the counter.
Promoter/FII Holdings
Promoters held 73.5 per cent stake in the company as of March 31, 2021, while FIIs held 16.5 per cent, DIIs 4.3 per cent and public and others 5.7 per cent.
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