ICICI Lombard Stock Price: ICICI Lombard stock price down 1.2 per cent as Sensex slides

Shares of General Insurance Company Ltd. fell 1.2 per cent to Rs 1348.85 at 12:14PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 7,405 shares with a turnover of Rs 1.0 crore till 12:14PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 43.34, 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 1377.0 and a low of Rs 1333.55 during the session and quoted a 52-week high price of Rs 1625.0 and a 52-week low of Rs 1125.45.

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 1370.54 on April 15, while the 50-DMA was at Rs 1450.77. 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 35.36. 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-Dec-2020, promoters held 51.89 per cent stake in the company, while FIIs held 29.44 per cent and domestic institutional investors had 11.48 per cent.

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