ICICI Lombard Shares: ICICI Lombard rises 0.31% on rise in Sensex
The stock has a 52-week low of ₹1190.05 and a 52-week high of ₹1747.4.
Previously, the company’s stocks opened in the morning.
A total of 772.6 million shares were traded on the counter till 1:03 PM IST.
According to BSE, shares of ICICI Lombard General Insurance Company Ltd. recorded a market valuation of Rs 80053.97 crore. The stock traded at a price-to-earnings (P/E) multiple of 41.73, with a price-to-book ratio of 6.8. According to exchange data, the return on equity (ROE) was 15.72%. In the BSE500 pack, 421 stocks traded in green and 80 stocks traded in red. The stock’s beta, which measures volatility relative to the broader market, hit 0.64.
Promoter/FII holdings
Promoters hold 0.0% stake in ICICI Lombard General Insurance Company Ltd. as on March 31, 2024, while foreign and domestic institutional investors hold 23.06% and 13.44%, respectively.
moving average
On June 6, the stock’s 200-DMA was 1502.3 and its 50-DMA was 1665.83. If a stock is trading below the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, when a stock is trading below 50-DMA and 200-DMA, it is considered to be in a bearish trend, while when it is trading between 50-DMA and 200-DMA, it indicates that the stock could go in either direction.
