The stock price opened at Rs 2,135.35 and hit an intraday high of Rs 2,157.65 and an intraday low of Rs 2,111.5 respectively during the previous trading sessions. ICICI Lombard General Insurance Company Ltd’s stock price hit a 52-week high of Rs 2,284.15 and a 52-week low of Rs 1,266.0.
ICICI Lombard General Insurance Company Ltd.’s total market capitalization stood at Rs 10447.675 billion at the time of writing this report.
Key Financial Information
The company reported consolidated revenue of Rs 56,048.9 million for the quarter ended June 30, 2024, up 3.88% from Rs 5,395.46 million in the previous quarter and up 18.66% from Rs 4,723.62 million in the same period last year. Net profit for the latest quarter was Rs 5,837.0 million, up 48.68% from the same period last year.
Shareholding Patterns
As of June 30, 2024, DIIs hold 15.03% of the company’s shares, foreign institutional investors hold 23.94% and promoters hold 51.81%.
Evaluation ratio
As per BSE data, the stock is trading at a price-to-earnings ratio of 49.55 times and a price-to-book ratio of 6.8 times. A higher price-to-earnings ratio indicates that investors are willing to pay a higher price for the company given the expected future growth. Price-to-book ratio indicates the intrinsic value of a company and is a measure of the price investors are willing to pay even in the absence of business growth.
ICICI Lombard General Insurance Company Ltd. is in the Insurance – General Insurance industry.
