Shares of ICICI Prudential Life Insurance Company Ltd. rose 1.41 per cent to Rs 406.65 in Wednesday's trade. It hit an intraday high of Rs 422.0 and low of Rs 404.65, respectively, during the day.

The stock quoted a 52-week high price of Rs 537.5 and low of Rs 221.95.

As of 11:23AM (IST), the counter saw total traded volume of 57,036 shares with a traded value of Rs 2.35 crore, according to NSE.


The stock had closed at Rs 412.45 in the previous session.

The scrip has declined -3.27 per cent in the past one month till date, while the benchmark BSE Sensex has gained 6.75 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 54.63 while price-to-book ratio stood at 7.08. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Insurance - Life industry.

Promoter/FII Holding
Promoters held 51.37 per cent stake in the company as of 30-Sep-2020, while FII and MF ownership in the firm stood at 15.78 per cent and 3.86 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 453.11 crore for the quarter ended 30-Sep-2020, down 29.87 per cent from the previous quarter's Rs 646.14 crore and down 14.26 per cent from the year ago.