ICICI Prudential Life Insurance Company Ltd. shares gain 3.47% as Sensex rises

Shares of ICICI Prudential Life Insurance Company Ltd. traded 3.47 per cent up at Rs 400.9 at 10:53AM (IST) on Monday, even as BSE benchmark Sensex gained 472.59 points to 34759.83. The stock had closed at Rs 387.45 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 10:53AM (IST) stood at 10:53AM shares with turnover at Rs 4.32 crore.


At the prevailing price, the stock trades at 54.23 times its trailing 12-month EPS of Rs 7.43 per share and 8.02 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.

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.