New Delhi: ICICI Lombard General Insurance Company Ltd. saw its shares rise by 0.32% in trading on Wednesday at 01:39 PM IST. Approximately 4,145 shares were swapped during this time. The stock opened at Rs 1832.75, reaching as high as Rs 1837.95 and dropping as low as Rs 1800.00 today. The company’s shares have a 52-week high of Rs 2285.85 and a low of Rs 1354.80. At this point, the total market value of ICICI Lombard is Rs 90,402.53 crores.
Key Financials: For the quarter ending September 30, 2024, ICICI Lombard reported total sales of Rs 6,126.18 crores, which is a 9.3% increase from the last quarter’s Rs 5,604.89 crores and a 16.22% rise from Rs 5,271.06 crores in the same quarter last year. The company made a profit of Rs 693.95 crores, up 20.21% from the same quarter a year ago.
Shareholding Pattern: As of September 30, 2024, domestic institutions own 14.91% of the company, foreign institutions hold 24.75%, and promoters own 0.0%.
Valuation Ratios: According to NiftyStat, ICICI Lombard shares are trading at a price-to-earnings (P/E) ratio of 40.63 and a price-to-book (P/B) ratio of 6.80. A higher P/E ratio means investors believe the company will grow better in the future. The P/B ratio helps show how much investors are willing to pay for the company’s value, even if it’s not growing.
ICICI Lombard General Insurance Company Ltd. operates in the Non-Life Insurance sector.
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