ICICI Prudential Life Insurance Company Ltd. shares drop 1.06% as Sensex falls

Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.06 per cent down at Rs 358.25 at 10:51AM (IST) on Friday, even as BSE benchmark Sensex dropped 414.96 points to 30517.94. The scrip had closed at Rs 362.1 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 537.5 and Rs 221.95, respectively.

As per BSE data, total traded volume on the counter till 10:51AM (IST) stood at 10:51AM shares with turnover at Rs 1.29 crore.


At the current price, the stock trades at 48.33 times its trailing 12-month EPS of Rs 7.43 per share and 7.32 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.14.

Shareholding Details
Promoters held 52.87 per cent stake in the company as of 31-Mar-2020, while FIIs owned 13.34 per cent and DIIs 4.72 per cent.