ICICI Lombard stock price down 0.28 per cent as Sensex slides

6 months ago 51

Shares of ICICI Lombard General Insurance Company Ltd. fell 0.28 per cent to Rs 1680.85 at 12:38PM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 1,736 shares with a turnover of Rs 0.3 crore till 12:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.19, while the price-to-book value ratio stood at 5.03.

Return on equity (ROE) was at 16.55 per cent, according to exchange data. The stock hit an intraday high of Rs 1695.95 and a low of Rs 1680.8 during the session and quoted a 52-week high price of Rs 1739.95 and a 52-week low of Rs 1056.0.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.64.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1446.24 on April 12, while the 50-DMA was at Rs 1648.33. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 52.76. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2023, promoters held 47.91 per cent stake in the company, while foreign institutional investors held 23.04 per cent and domestic institutional investors had 17.86 per cent.

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