ICICI Lombard Share Price: ICICI Lombard shares down 1.59% as Nifty drops

NEW DELHI: Shares of General Insurance Company Ltd. traded 1.59 per cent down in Friday’s trade at 11:32AM (IST). Around 19,356 shares changed hands on the counter.

The stock opened at Rs 1506.5 and touched an intraday high and low of Rs 1506.5 and Rs 1455.8, respectively, in the session so far. Shares of the company of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1674.0 and a 52-week low of Rs 1295.0.

Total market cap of the ICICI Lombard General Insurance Company Ltd. stood at Rs 72056.63 crore at the time of writing this report.




Key Financials

The company reported consolidated sales of Rs 631.25 crore for the quarter ended 30-Sep-2021, up 215.37 per cent from previous quarter’s Rs 200.16 crore and up 16.64 per cent from the year-ago quarter’s Rs 541.19 crore.

The net profit for latest quarter stood at Rs 446.67 crore, up 7.44 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2021, DIIs held 8.49 per cent stake in the firm, while foreign institutional investors held 28.61 per cent and the promoters 48.08 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 57.3 and a price-to-book ratio of 8.04. 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 Lombard General Insurance Company Ltd. belongs to the Insurance – Non Life industry.

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