The return on equity (ROE) for the stock stood at 18.15 per cent. Traded volume on the counter stood at 11:53AM shares and turnover at Rs 0.6 crore around that time. The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high price of Rs 1625.0 and 52-week low prices of Rs 1201.0, 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 51.87 per cent stake in the company as of 30-Jun-2021, while FIIs held 29.75 per cent and domestic institutional investors had 9.63 per cent.
Key Financials
The company reported consolidated sales of Rs 200.16 crore for the quarter ended 30-Jun-2021, down 78.26 per cent from previous quarter’s Rs 920.72 crore and down 64.16 per cent from the year-ago quarter’s Rs 558.49 crore. Net profit after tax for the latest quarter stood at Rs 151.63 crore, down 61.91 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bearish 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.
