The return on equity (ROE) for the stock stood at 6.29 per cent. Traded volume on the counter stood at 12:38PM shares and turnover at Rs 0.78 crore around that time. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high price of Rs 724.5 and 52-week low prices of Rs 430.0, respectively.

The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 1.14.

Promotor/FII Holding

Promoters held 51.32 per cent stake in the company as of 31-Mar-2022, while FIIs held 16.35 per cent and domestic institutional investors had 4.04 per cent.

Key Financials

The company reported consolidated sales of Rs 13038.14 crore for the quarter ended 31-Mar-2022, up 30.55 per cent from previous quarter’s Rs 9987.32 crore and up 34.48 per cent from the year-ago quarter’s Rs 19898.29 crore. Net profit after tax for the latest quarter stood at Rs 186.88 crore, up 198.96 per cent from the same quarter a year ago.

Technicals
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.

It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.