ICICI Lombard share price: ICICI Lombard shares up 0.84% as Nifty gains

NEW DELHI: Shares of General Insurance Company Ltd. traded 0.84 per cent up in Tuesday’s trade at 11:43AM (IST). Around 2,981 shares changed hands on the counter.

The scrip opened at Rs 1464.5 and touched an intraday high and low of Rs 1464.5 and Rs 1443.05, respectively, in the session so far. Shares of the company of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1625.0 and a 52-week low of Rs 1201.0.

Total market cap of the ICICI Lombard General Insurance Company Ltd. stood at Rs 65979.04 crore at the time of writing this report.


Key Financials

The company reported consolidated sales of Rs 200.16 crore for the quarter ended 30-Jun-2021, down 78.26 per cent from previous quarter’s Rs 920.72 crore and down 64.16 per cent from the year-ago quarter’s Rs 558.49 crore.

The net profit for latest quarter stood at Rs 151.63 crore, down 61.91 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 9.63 per cent stake in the company, while foreign institutional investors held 30.57 per cent and the promoters 51.87 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 53.79 and a price-to-book ratio of 8.04. 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 Lombard General Insurance Company Ltd. belongs to the Insurance – Non Life industry.

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