ICICI Lombard Share Price: ICICI Lombard shares drop 1.1% as Sensex falls

Shares of Basic Insurance coverage Firm Ltd. traded 1.1 per cent decrease in Monday’s session at 10:25AM (IST). The inventory opened at Rs 1510.0 and has touched an intraday excessive and low of Rs 1510.0 and Rs 1476.75, respectively, through the session to date.

The inventory quoted a 52-week excessive of Rs 1674.0 and a 52-week low of 1212.0. About 3,519 shares modified arms on the counter to date.

Benchmark Nifty50 was down 91.35 factors at 18023.55, whereas the BSE Sensex traded 211.4 factors decrease at 60610.22 on the time of writing of this report.

Within the Nifty pack, 7 shares traded the day within the inexperienced, whereas 43 had been within the purple.

Key Financials

For the quarter ended 30-Sep-2021, the corporate reported consolidated gross sales of Rs 631.25 crore, up 215.37 per cent from the earlier quarter’s Rs 200.16 crore and up 16.64 per cent from the year-ago quarter. The corporate reported internet revenue of Rs 446.67 crore for the most recent quarter.

Promoter Holdings

Promoters held 48.08 per cent stake within the firm as of 30-Sep-2021, whereas FIIs held 28.61 per cent and MFs 8.49 per cent.

Technicals

On the technical charts, the 200-Day Shifting Common (DMA) of the inventory stood at Rs 1496.86 on October 25, whereas the 50-DMA was at Rs 1551.84. If a inventory trades above 50-DMA and 200-DMA, it often means the fast pattern is upward. However, if the inventory trades nicely beneath 50-DMA and 200-DMA each, it’s thought-about as bearish pattern and if trades between these averages, then it suggests the inventory can go both method.