The return on equity (ROE) for the stock stood at 18.15 per cent. Traded volume on the counter stood at 12:55PM shares and turnover at Rs 0.63 crore around that time. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high price of Rs 1674.0 and 52-week low prices of Rs 1218.0, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.64.
Promotor/FII Holding
Promoters held 48.08 per cent stake in the company as of 30-Sep-2021, while FIIs held 27.73 per cent and domestic institutional investors had 8.49 per cent.
Key Financials
The company reported consolidated sales of Rs 631.25 crore for the quarter ended 30-Sep-2021, up 215.37 per cent from previous quarter’s Rs 200.16 crore and up 16.64 per cent from the year-ago quarter’s Rs 541.19 crore. Net profit after tax for the latest quarter stood at Rs 446.67 crore, up 7.44 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
