ICICI Lombard General Insurance Company zooms on reporting 22% rise in Q3 net profit
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ICICI Lombard General Insurance Company is currently trading at Rs. 1466.40, up by 91.75 points or 6.67% from its previous closing of Rs. 1374.65 on the BSE.
The scrip opened at Rs. 1381.10 and has touched a high and low of Rs. 1475.00 and Rs. 1381.10 respectively. So far 86722 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1491.95 on 01-Dec-2023 and a 52 week low of Rs. 1049.10 on 16-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1475.00 and Rs. 1354.80 respectively. The current market cap of the company is Rs. 71784.93 crore.
The promoters holding in the company stood at 48.00%, while Institutions and Non-Institutions held 40.89% and 11.11% respectively.
ICICI Lombard General Insurance Company has reported 22.39% rise in net profit at Rs 431.46 crore for the quarter ended December 31, 2023 (Q3FY24) as compared to Rs 352.53 crore for the same quarter in the previous year. Total income of the company increased by 14.70% at Rs 5,003.15 crore for Q3FY24 as compared Rs 4,362.00 crore for corresponding quarter of the previous year.
ICICI Lombard General Insurance Company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.
