ICICI Pru Life Share Value: Share worth of ICICI Pru Life jumps as Sensex good points 65.44 factors

The share worth of ICICI Prudential Life Insurance coverage Firm Ltd. gained 1.59 per cent to Rs 587.5 at 12:27PM (IST) in Wednesday’s commerce. The inventory has hit a excessive of Rs 587.5 and low of Rs 571.5 to this point through the session. The inventory had closed at Rs 578.3 within the earlier session.

The counter has had a complete traded quantity of 40027 shares to this point with a worth of Rs 2.32 crore on the NSE. It traded at a price-to-earnings a number of of 95.38 and a price-to-book ratio of 6.23.

The next P/E ratio exhibits traders are keen to pay a better worth for per rupee earnings given by the inventory due to higher future progress expectations.

The value-to-book worth signifies the inherent worth of an organization and displays the value traders are keen to pay even for no progress within the enterprise.

The scrip gained 32.89 per cent through the previous one 12 months, whereas the 30-share index superior 23.01 per cent throughout the identical interval. ICICI Prudential Life Insurance coverage Firm Ltd. belongs to the Insurance coverage – Life trade. Promotor/FII Holding
Promoters held 0.0 per cent stake within the firm as of 31-Mar-2024, whereas overseas traders and home institutional traders possession stood at 13.36 per cent and 6.43 per cent, respectively.

Key Financials
The agency reported consolidated gross sales of Rs 23025.12 crore for the quarter ended 31-Mar-2024, down 14.24 per cent from the earlier quarter’s Rs 26849.7 crore and down 113.84 per cent from the year-ago quarter’s Rs 10767.43 crore.

Revenue for the newest quarter stood at Rs 173.67 crore, down 26.18 per cent from the identical quarter a 12 months in the past.