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ICICI Pru Life shares decline 0.61% as Sensex climbs

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.

Synopsis

A total of 8,422 shares changed hands on the counter till 11:41AM (IST)

Shares of the ICICI Prudential Life Insurance Company Ltd. traded at Rs 576.15 on BSE at 11:41AM (IST) on Monday, down 0.61 per cent from previous close.

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The scrip quoted a 52-week low price of Rs 433.2 and a high of Rs 640.8.

Earlier, the stock saw a opening in the morning.


A total of 8,422 lakh shares changed hands on the counter till 11:41AM (IST).


The stock of ICICI Prudential Life Insurance Company Ltd. commands a market value of Rs 83512.52 crore.

The stock traded at a price-to-earning (P/E) multiple of 98.17, while the price-to-book value ratio stood at 7.97. Return on equity (ROE) was at 7.73 per cent, according to exchange data.
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In the BSE500 pack, 271 stocks traded in the green, while 230 stocks were in the red.

Promotor Holding
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Promoters held 73.24 per cent in the ICICI Prudential Life Insurance Company Ltd. as of 31-Mar-2024 while overseas and domestic institutional investors owned 13.35 per cent and 8.54 per cent, respectively.


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