The stock opened at Rs 649.5 and touched an intraday high and low of Rs 649.5 and Rs 618.65, respectively, in the session so far. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 724.5 and a 52-week low of Rs 411.0.
Total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 89302.71 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 772.65 crore for the quarter ended 30-Sep-2021, up 11.82 per cent from previous quarter’s Rs 690.95 crore and up 23.94 per cent from the year-ago quarter’s Rs 623.39 crore.
The net profit for latest quarter stood at Rs 445.62 crore, up 47.33 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 3.5 per cent stake in the firm, while foreign institutional investors held 17.17 per cent and the promoters 73.42 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 142.4 and a price-to-book ratio of 5.28. 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 Prudential Life Insurance Company Ltd. belongs to the Insurance – Life industry.
