ICICI Pru Life Share Price: ICICI Pru Life stock price down 2.03 per cent as Sensex climbs

Shares of ICICI Prudential Life Insurance Company Ltd. fell 2.03 per cent to Rs 660.2 at 02:01PM hours (IST) on Monday. 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 114,393 shares with a turnover of Rs 7.63 crore till 02:01PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 196.05, while the price-to-book value ratio stood at 5.28.

Return on equity (ROE) was at 7.9 per cent, according to exchange data. The stock hit an intraday high of Rs 677.95 and a low of Rs 660.15 during the session and quoted a 52-week high price of Rs 724.5 and a 52-week low of Rs 397.65.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.14.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 552.91 on September 27, while the 50-DMA was at Rs 665.51. 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 42.1. 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 30-Jun-2021, promoters held 73.45 per cent stake in the company, while FIIs held 17.17 per cent and domestic institutional investors had 4.11 per cent.

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