ICICI Lombard Share Price: ICICI Lombard shares rise 1.06 per cent in Tuesday’s trading session

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Shares of . rose 1.06 per cent to Rs 1138.55 in Tuesday’s commerce as of 11:42AM (IST) even because the benchmark Nifty dominated at 17218.05, up 330.7 factors.

The scrip had closed at Rs 1126.65 in the earlier session. The inventory quoted a 52-week low of Rs 1070.95 and a excessive of Rs 1606.15. The firm quoted a market-cap of Rs 55959.89 crore on the BSE.

On BSE, 4,938 shares have modified arms on the counter to this point. At its prevailing value, the inventory traded at 39.25 instances its trailing 12-month EPS of Rs 29.04 per share and 6.89 instances its e-book worth. The return on fairness (ROE) stood at Rs 13.42.

Key Financials

For the quarter ended 30-Jun-2022, ICICI Lombard General Insurance Company Ltd. reported consolidated gross sales of Rs 4149.38 crore, down 21.54 per cent from the identical quarter a 12 months in the past. The firm reported 130.19 per cent YoY development in internet revenue at Rs 349.03 crore for the newest quarter.

Technical indicators

The relative power index (RSI) of the inventory stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it’s thought-about overbought situation when the RSI worth is above 70 and oversold when it’s beneath 30.

Analysts say the RSI indicator shouldn’t be seen in isolation, because it will not be ample to take a trading name, simply the best way a elementary analyst can not give a “buy” or “sell” suggestion utilizing a single valuation ratio.



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