Share price of ICICI Lombard General Insurance Company Ltd. rises as Nifty strengthens

Shares of ICICI Lombard General Insurance Company Ltd. gained 1.16 per cent to Rs 1449.2 in Wednesday's trade as of 11:29AM (IST).

The stock hit a high price of Rs 1463.55 and low of Rs 1432.0 during the session.

The return on equity (ROE) for the stock stood at 20.92 per cent. Traded volume on the counter stood at 11:29AM shares and turnover at Rs 1.11 crore around that time.


The stock of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high and 52-week low prices of Rs 1625.0 and Rs 805.6, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.64.

Promotor/FII Holding
Promoters held 51.89 per cent stake in the company as of 31-Dec-2020, while foreign investors held 28.41 per cent and domestic institutional investors had 10.23 per cent.

Key Financials
The company reported consolidated sales of Rs 452.05 crore for the quarter ended 31-Dec-2020, down 16.47 per cent from previous quarter's Rs 541.19 crore and down 3.52 per cent from the year-ago quarter's Rs 436.69 crore.

Net profit after tax for the latest quarter stood at Rs 313.53 crore, up 6.6 per cent from the same quarter a year ago.