The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 4389.0 crore on BSE. The stock traded at a price-to-earnings multiple of 37.3 and a price-to-book ratio of 5.03.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 48.01 per cent stake in the company as of 30-Jun-2023, while FIIs and domestic institutional investors ownership stood at 22.0 per cent and 18.1 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 4723.62 crore for the quarter ended 30-Jun-2023, down 13.27 per cent from the previous quarter’s Rs 5446.57 crore and down 13.84 per cent from the year-ago quarter’s Rs 4149.38 crore.
Its profit for the latest quarter stood at Rs 390.36 crore, up 11.84 per cent from the same quarter a year ago.
