ICICI Lombard Share Price: ICICI Lombard shares up 0.36% as Nifty drops

NEW DELHI: Shares of General Insurance Company Ltd. traded 0.36 per cent up in Monday’s trade at 11:33AM (IST). Around 7,786 shares changed hands on the counter.

The scrip opened at Rs 1585.0 and touched an intraday high and low of Rs 1597.1 and Rs 1584.05, respectively, in the session so far. Shares of the company of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1674.0 and a 52-week low of Rs 1201.0.

Total market cap of the ICICI Lombard General Insurance Company Ltd. stood at Rs 78083.09 crore at the time of writing this report.




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 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 corresponding quarter last year.

Shareholding pattern

As of 08-Sep-2021, DIIs held 9.63 per cent stake in the firm, 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 price-to-earnings multiple of 63.66 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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