ICICI Lombard rises 0.34% as Sensex climbs

The scrip quoted a 52-week low price of Rs 1070.95 and a high of Rs 1414.9.

Earlier, the stock saw a gap up opening in the morning.

A total of 4,558 lakh shares changed hands on the counter till 01:43PM (IST).

The stock of ICICI Lombard General Insurance Company Ltd. commanded a market value of Rs 56743.86 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 35.36, while the price-to-book value ratio stood at 6.89. Return on equity (ROE) was at 13.42 per cent, according to exchange data.

In the BSE500 pack, 253 stocks traded in the green, while 248 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.64.

Promotor/FII Holding
Promoters held 0.0 per cent in ICICI Lombard General Insurance Company Ltd. as of 31-Dec-2022 while foreign portfolio investors and domestic institutional investors owned 24.07 per cent and 13.73 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 1218.31 on January 23, while the 50-DMA was at 1213.72. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.