ICICI Lombard Share Price: Share price of ICICI Lombard as Sensex drops 181.74 points
Share price of ICICI Lombard General Insurance Company Ltd. 0.46 per cent to Rs 1906.40 at 12:03PM (IST) in Friday’s trade. The stock hit a high of Rs 1922.10 and low of Rs 1899.30 so far during the session. The stock had closed at Rs 1915.35 in the previous session.
The counter had a total traded volume of 12:03PM shares so far with a turnover of Rs 0.32 crore on BSE. The stock traded at a price-to-earnings multiple of 42.34 and a price-to-book ratio of 6.80.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that…
