On Friday, ICICI Lombard General Insurance Company Ltd. saw its shares trading at Rs 1955.90 on the Bombay Stock Exchange (BSE). This was down by 2.5% from the previous day’s closing price. The stock has reached a low of Rs 1381.10 and a high of Rs 2285.85 in the last year.
The company’s shares opened lower in the morning, with 7,312 shares traded by 10:00 AM. ICICI Lombard’s total market value stood at Rs 96,385.83 crore. The stock’s price-to-earnings (P/E) ratio was 43.31, and its price-to-book value ratio was 6.80. The return on equity (ROE) was 15.72%, which means the company is generating healthy returns for its investors.
Within the BSE500 index, 118 stocks were doing well (trading in the green), while 373 stocks were not performing well (trading in the red). The stock’s beta value, which shows how much it goes up and down in comparison to the market, is 0.6375.
As of September 30, 2024, promoters owned 0% of ICICI Lombard, while foreign investors owned 24.75% and domestic institutional investors held 14.91%.
Looking at moving averages, the 200-day moving average (200-DMA) was at 1887, and the 50-day moving average (50-DMA) was at 1881.65. If a stock is trading below both these averages, it usually means a bearish trend. But if it’s trading between the two, it could go either way.
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