ICICI Pru Life Share Price: ICICI Pru Life stock price up 0.78 per cent as Sensex climbs

Shares of ICICI Prudential Life Insurance Company Ltd. rose 0.78 per cent to Rs 657.25 at 10:47AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 26,400 shares with a turnover of Rs 1.73 crore till 10:47AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 195.0, while the price-to-book value ratio stood at 5.28.

Return on equity (ROE) was at 7.9 per cent, according to exchange data. The stock hit an intraday high of Rs 661.5 and a low of Rs 649.1 during the session and quoted a 52-week high price of Rs 694.3 and a 52-week low of Rs 397.65.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.14.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 528.85 on August 27, while the 50-DMA was at Rs 636.02. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 51.96. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 73.45 per cent stake in the company, while foreign institutional investors held 17.17 per cent and domestic institutional investors had 4.11 per cent.

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