Wednesday, January 22, 2020

ICICI Prudential Life Insurance shines on reporting marginal rise in Q3 consolidated net profit

ICICI Prudential Life Insurance is currently trading at Rs. 504.25, up by 15.25 points or 3.12% from its previous closing of Rs. 489.00 on the BSE.

The scrip opened at Rs. 494.00 and has touched a high and low of Rs. 504.50 and Rs. 489.00 respectively. So far 39801 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 537.50 on 13-Nov-2019 and a 52 week low of Rs. 277.95 on 04-Feb-2019.


Last one week high and low of the scrip stood at Rs. 505.40 and Rs. 478.70 respectively. The current market cap of the company is Rs. 70959.82 crore.

The promoters holding in the company stood at 74.98%, while Institutions and Non-Institutions held 18.82% and 6.20% respectively.

ICICI Prudential Life Insurance Company has reported a rise of 1.92% in its net profit at Rs 302.46 crore for the quarter ended December 31, 2019 compared to Rs 296.77 crore for the same quarter in the previous year. Total income of the company increased by 49.70% at Rs 12,946.62 crore for Q3FY20 as compared Rs 8,648.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 1.80% in its net profit at Rs 301.77 crore for the quarter ended December 31, 2019 compared to Rs 296.43 crore for the same quarter in the previous year. Total income of the company increased by 49.70% at Rs 12,946.62 crore for Q3FY20 as compared Rs 8,648.28 crore for the corresponding quarter previous year.

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