ICICI Lombard Share Price: ICICI Lombard declines 3.31% as Sensex climbs

Shares of General Insurance Company Ltd. traded at Rs 1574.7 on BSE at 02:12PM (IST) on Monday, down 3.31 per cent from previous close.

The stock quoted a 52-week low price of Rs 1201.0 and a high of Rs 1656.55.

Earlier, the stock saw a gap up opening in the morning.

A total of 23,115 lakh shares changed hands on the counter till 02:12PM (IST).

The stock of ICICI Lombard General Insurance Company Ltd. commanded a market value of Rs 71509.88 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 58.3, while the price-to-book value ratio stood at 8.04. Return on equity (ROE) was at 18.15 per cent, according to exchange data.

In the BSE500 pack, 282 stocks traded in the green, while 218 stocks were in the red.

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

Promotor/FII Holding

Promoters held 51.87 per cent in ICICI Lombard General Insurance Company Ltd. as of 30-Jun-2021 while foreign portfolio investors and domestic institutional investors owned 29.75 per cent and 9.63 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1475.82 on September 06, while the 50-DMA was at 1515.83. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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