NEW DELHI: Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.16 per cent up in Thursday’s trade at 02:05PM (IST). Around 42,975 shares changed hands on the counter.
The scrip opened at Rs 518.0 and touched an intraday high and low of Rs 522.95 and Rs 505.7, respectively, in the session so far. Shares of the company of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 724.5 and a 52-week low of Rs 411.0.
Total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 75062.31 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 484.63 crore for the quarter ended 31-Dec-2021, down 37.28 per cent from previous quarter’s Rs 772.65 crore and down 22.31 per cent from the year-ago quarter’s Rs 623.78 crore.
The net profit for latest quarter stood at Rs 312.0 crore, up 2.53 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, DIIs held 3.64 per cent stake in the firm, while foreign institutional investors held 16.92 per cent and the promoters 73.41 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 118.24 and a price-to-book ratio of 5.28. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance – Life industry.
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NEW DELHI: Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.16 per cent up in Thursday’s trade at 02:05PM (IST). Around 42,975 shares changed hands on the counter. The scrip opened at Rs 518.0 and touched an intraday high and low of Rs 522.95 and Rs 505.7, respectively, in the session so far. Shares of the company of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 724.5 and a 52-week low of Rs 411.0. Total market cap of the ICICI Prudential Life Insurance Company Ltd. stood at Rs 75062.31 crore at the time of writing this report. Key Financials The company reported consolidated net sales of Rs 484.63 crore for the quarter ended 31-Dec-2021, down 37.28 per cent from previous quarter’s Rs 772.65 crore and down 22.31 per cent from the year-ago quarter’s Rs 623.78 crore. The net profit for latest quarter stood at Rs 312.0 crore, up 2.53 per cent from the corresponding quarter last year. Shareholding pattern As of 31-Dec-2021, DIIs held 3.64 per cent stake in the firm, while foreign institutional investors held 16.92 per cent and the promoters 73.41 per cent. Valuation ratio According to BSE data, the stock traded at a P/E multiple of 118.24 and a price-to-book ratio of 5.28. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance – Life industry. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News.