The stock had closed at Rs 1965.95 in the previous session. The stock traded a 52-week low of Rs 1266.0 and a high of Rs 2032.0. The company had a market capitalisation of Rs 97773.86 crore on the exchange. BSE.
On the Boston Stock Exchange (BSE), 3,488 shares have changed hands so far. At the prevailing price, the stock was trading at 46.37 times its trailing 12-month earnings per share of Rs 42.75 per share and 6.8 times its book value. The return on equity (ROE) stood at Rs 15.72.
Key financial data
For the quarter ended June 30, 2024, ICICI Lombard General Insurance Company Ltd.. reported consolidated sales of Rs 5,604.89 crore, up 18.66 per cent from the same quarter last year. The company reported a 48.68 per cent year-on-year growth in net profit at Rs 580.37 crore in the last quarter.
Technical indicators
The stock’s relative strength index (RSI) stood at 100 on Monday. The RSI ranges between zero and 100. Traditionally, an overbought condition is considered to exist when the RSI value is above 70 and an oversold condition when it is below 30. Analysts say that the RSI indicator should not be considered in isolation as it may not be sufficient to make a buying decision, just as a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
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