The scrip opened at Rs 564.95 and touched an intraday high and low of Rs 564.95 and Rs 556.95, respectively, in the session so far. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 615.55 and a 52-week low of Rs 380.95.
As per BSE, the total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 80589.84 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 17958.08 crore for the quarter ended 30-Sep-2023, down 24.8 per cent from previous quarter’s Rs 23879.55 crore and down 22.3 per cent from the year-ago quarter’s Rs 23111.85 crore.
The net profit for latest quarter stood at Rs 243.88 crore, up 21.87 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2023, domestic institutional investors held 4.68 per cent stake in the company, while foreign institutional investors held 15.51 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 88.86 and a price-to-book ratio of 6.23. 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 Prudential Life Insurance Company Ltd. belongs to the Insurance – Life industry.
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