Share price of ICICI Prudential Life Insurance Company Ltd. jumps as Sensex drops 20.02 points

Share price of ICICI Prudential Life Insurance Company Ltd. gained 2.57 per cent to Rs 377.05 at 10:47AM (IST) in Friday's trade. The scrip hit a high of Rs 377.85 and low of Rs 366.15 so far during the session. The stock had closed at Rs 367.6 in the previous session.

The counter had a total traded volume of 10:47AM shares so far with a turnover of Rs 1.48 crore on BSE. The stock traded at a price-to-earnings multiple of 50.69 and a price-to-book ratio of 7.68.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The 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.

ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance - Life industry.

Promotor/FII Holding
Promoters held 52.87 per cent stake in the company as of 31-Mar-2020, while FIIs and domestic institutional investors ownership stood at 13.34 per cent and 4.72 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 860.72 crore for the quarter ended 31-Mar-2020, up 137.41 per cent from the previous quarter's Rs 362.55 crore and up 106.62 per cent from the year-ago quarter's Rs 416.57 crore.

Its profit for the latest quarter stood at Rs 178.73 crore, down 31.53 per cent from the same quarter a year ago.