ICICI Lombard share price: ICICI Lombard stock price down 0.67 per cent as Sensex climbs

Shares of General Insurance Company Ltd. fell 0.67 per cent to Rs 1574.65 at 12:57PM hours (IST) on Tuesday. 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 4,609 shares with a turnover of Rs 0.73 crore till 12:57PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 48.58, while the price-to-book value ratio stood at 8.58.

Return on equity (ROE) was at 20.92 per cent, according to exchange data. The stock hit an intraday high of Rs 1595.0 and a low of Rs 1570.45 during the session and quoted a 52-week high price of Rs 1625.0 and a 52-week low of Rs 1201.0.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.64.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1430.73 on July 13, while the 50-DMA was at Rs 1509.76. 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 58.78. 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 31-Mar-2021, promoters held 51.88 per cent stake in the company, while FIIs held 29.9 per cent and domestic institutional investors had 11.14 per cent.

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