Banking and finance

Share price of ICICI Lombard falls as Sensex gains 360.84 points

The share value of Common Insurance coverage Firm Ltd. dropped 0.34 per cent to Rs 1516.3 at 01:41PM (IST) in Thursday’s commerce. The scrip has hit a excessive of Rs 1528.7 and low of Rs 1510.05 to this point through the session. The inventory had closed at Rs 1521.45 within the earlier session.

The counter has had a complete traded quantity of 9342 shares to this point with a worth of Rs 1.41 crore on the NSE. It traded at a price-to-earnings a number of of 60.58 and a price-to-book ratio of 8.04.

The next P/E ratio exhibits traders are prepared to pay a better value for per rupee earnings given by the inventory due to higher future development expectations.

The worth-to-book worth signifies the inherent worth of an organization and displays the value traders are prepared to pay even for no development within the enterprise.

The scrip gained 21.63 per cent through the previous one yr, whereas the 30-share index superior 50.53 per cent throughout the identical interval.

ICICI Lombard Common Insurance coverage Firm Ltd. belongs to the Insurance coverage – Non Life trade.

Promotor/FII Holding

Promoters held 48.08 per cent stake within the firm as of 08-Sep-2021, whereas FIIs and home institutional traders possession stood at 27.41 per cent and eight.8 per cent, respectively.

Key Financials

The agency reported consolidated gross sales of Rs 200.16 crore for the quarter ended 30-Jun-2021, down 78.26 per cent from the earlier quarter’s Rs 920.72 crore and down 64.16 per cent from the year-ago quarter’s Rs 558.49 crore.

Revenue for the newest quarter stood at Rs 151.63 crore, down 61.91 per cent from the identical quarter a yr in the past.

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