ICICI Pru Life Share Price: ICICI Pru Life Shares 0.46% Rise as Nifty Falls

NEW DELHI: Shares of ICICI Prudential Life Insurance Company Ltd. traded up 0.46% in Monday’s trading at 1:38 p.m. (IST). Approximately 77,075 shares changed hands over the counter.

The stock opened at Rs 538.0 and touched an intraday high and low of Rs 538.0 and Rs 524.1, respectively, during the session so far. The share of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 724.5 and a 52-week low of Rs 430.0.

According to BSE, the total market capitalization of ICICI Prudential Life Insurance Company Ltd. stood at Rs 76,988.28 crore at the time of writing.

Key financial data

The company reported consolidated net sales of Rs 9,987.32 crore for the quarter ended December 31, 2021, down 57.43% from Rs 23,461.85 crore in the previous quarter and down 65.28% from compared to the prior year quarter of Rs 28,761.54 crore.

Net profit for the last quarter stood at Rs 312.0 crore, up 2.53% from the same quarter a year ago.

Ownership model

As of December 31, 2021, domestic institutional investors held 3.64% of the company’s capital, while foreign institutional investors held 16.92% and promoters 51.32%.

Valuation coefficient

According to BSE data, the stock traded at a price-to-earnings multiple of 121.27 and a price-to-book ratio of 5.28. A higher P/E ratio shows that investors are willing to pay a higher price due to better expectations for future growth. The price-to-book ratio indicates the intrinsic value of a company and is the measure of the price that investors are willing to pay even without growth of the company.

ICICI Prudential Life Insurance Company Ltd. belongs to the Insurance – Life segment.

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