ICICI Lombard Share Price: Share price of ICICI Lombard as Sensex gains 482.37 points
The share price of ICICI Lombard General Insurance Company Ltd. 0.02 per cent to Rs 1951.50 at 01:02PM (IST) in Thursday’s trade. The scrip has hit a high of Rs 1961.50 and low of Rs 1928.35 so far during the session. The stock had closed at Rs 1951.00 in the previous session.
The counter has had a total traded volume of 4437 shares so far with a value of Rs 0.87 crore on the NSE. It traded at a price-to-earnings multiple of 43.40 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 reflects the price investors are…
