The stock opened at Rs 631.5 and touched an intraday high and low of Rs 631.5 and Rs 621.4, respectively, in the session so far. Shares of the company of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 635.4 and a 52-week low of Rs 397.65.
As per BSE, the total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 89518.63 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 735.33 crore for the quarter ended 31-Mar-2021, up 17.88 per cent from previous quarter’s Rs 623.78 crore and up 25.55 per cent from the year-ago quarter’s Rs 987.71 crore.
The net profit for latest quarter stood at Rs 62.51 crore, down 65.03 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, DIIs held 3.42 per cent stake in the company, while foreign institutional investors held 16.51 per cent and the promoters 51.37 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 93.63 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.
