ICICI Lombard share price: ICICI Lombard share drops 0.26% as Nifty gains

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NEW DELHI: The shares of General Insurance Company Ltd. traded 0.26 percent lower in Tuesday’s 1:27 p.m. (IST) trade. About 12,798 shares changed hands at the box office.

The counter opened at Rs 1445.0 and hit an intraday high and low of Rs 1463.35 and Rs 1445.0, respectively, during the session so far. The action of ICICI Lombard General Insurance Company Ltd. Quoted a 52 week high of Rs 1,625.0 and a 52 week low of Rs 1,201.0.

According to the BSE, the total market capitalization of ICICI Lombard General Insurance Company Ltd. stood at Rs 66,017.69 crore at the time of writing.


Key financial data

The company reported consolidated sales of Rs 200.16 crore for the quarter ended June 30, 2021, down 78.26% from Rs 920.72 crore in the previous quarter and down 64.16% from compared to Rs 558.49 crore for the quarter of the previous year.

Net profit for the last quarter stood at Rs 151.63 crore, down 61.91% from the same quarter a year ago.

Shareholding model

As of June 30, 2021, DIIs held 9.63 percent of the company’s capital, while foreign institutional investors held 29.75 percent and promoters 51.87 percent.

Valuation ratio

According to BSE data, the stock traded at a price / earnings multiple of 53.82 and a price / book ratio of 8.04. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. The price-to-book ratio indicates the intrinsic value of a business and measures the price that investors are willing to pay even when the business does not grow.

ICICI Lombard General Insurance Company SA belongs to the Insurance – Non-Life sector.


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