ICICI Pru Life stock price: ICICI Pru Life stock price rises due to fall in Nifty
The stock has a 52-week high of Rs 615.55 and a 52-week low of Rs 380.95. The stock’s return on equity (ROE) was 8.09%. Approximately 23,737 shares have been traded to date.
The stock’s beta, which measures volatility relative to the broader market, hit 1.14.
The scrip has underperformed over the past year, rising 14.94 per cent compared to Sensex’s rise of 18.58 per cent.
technology
On the technical charts, the stock’s 200-day moving average (DMA) was Rs 380.95 on January 8, while its 50-DMA was Rs 536.79. If a stock is trading well above the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, if a stock is trading well below both the 50-DMA and 200-DMA, it is considered a bearish trend, while if it is trading between these averages, it means the stock could go in either direction.
Promoter/FII holdings
The promoters hold 0.0% stake in ICICI Prudential Life Insurance Company Ltd. as on September 30, 2023. Mutual funds and foreign institutional investors held 4.68% and 15.51% of the shares, respectively.
