ICICI Lombard stock price up 0.92 per cent as Sensex slides

Shares of ICICI Lombard General Insurance Company Ltd. rose 0.92 per cent to Rs 1139.8 at 10:10AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 296,073 shares with a turnover of Rs 33.43 crore till 10:10AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 39.36, 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. The stock hit an intraday high of Rs 1152.8 and a low of Rs 1128.0 during the session and quoted a 52-week high price of Rs 1547.0 and a 52-week low of Rs 1070.95.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.64.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 1267.15 on October 11, while the 50-DMA was at Rs 1220.84. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 38.86. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2022, promoters held 48.03 per cent stake in the company, while FIIs held 26.43 per cent and domestic institutional investors had 13.94 per cent.