ICICI Prudential Life Insurance Company Ltd. shares gain 1.13% as Sensex rises

A total of 20,755 shares changed hands on the counter till 11:07AM (IST)

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Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
Shares of ICICI Prudential Life Insurance Company Ltd. traded 1.13 per cent up at Rs 414.8 at 11:07AM (IST) on Tuesday, even as BSE benchmark Sensex gained 219.98 points to 35181.5. The stock had settled at Rs 410.15 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 11:07AM (IST) stood at 11:07AM shares with turnover at Rs 0.86 crore.


At the prevailing price, shares of the company trades at 55.85 times its trailing 12-month EPS of Rs 7.43 per share and 8.26 times its price-to-book value, BSE 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.
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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.
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