ICICI Lombard Share Price: Share price of ICICI Lombard falls as Sensex gains 187.11 points

Share price of General Insurance Company Ltd. dropped 0.52 per cent to Rs 1463.3 at 11:38AM (IST) in Monday’s trade. The stock hit a high of Rs 1479.8 and low of Rs 1460.55 so far during the session. The stock had closed at Rs 1471.0 in the previous session.

The counter had a total traded volume of 11:38AM shares so far with a turnover of Rs 154.24 crore on BSE. The stock traded at a price-to-earnings multiple of 54.21 and a price-to-book ratio of 8.04.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding

Promoters held 51.87 per cent stake in the company as of 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 30.57 per cent and 10.86 per cent, respectively.

Key Financials

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

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

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