ICICI Lombard General Insurance Company Ltd rose for a third straight session today. The stock is quoting at Rs 1620.9, up 1.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.01% on the day, quoting at 24442.75. The Sensex is at 78959.82, up 2.15%. ICICI Lombard General Insurance Company Ltd has added around 1.41% in last one month.
Meanwhile, Nifty Financial Services index of which ICICI Lombard General Insurance Company Ltd is a constituent, has added around 6.1% in last one month and is currently quoting at 25580.6, up 3.47% on the day. The volume in the stock stood at 4.17 lakh shares today, compared to the daily average of 8.23 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1625.3, up 1.7% on the day. ICICI Lombard General Insurance Company Ltd is down 19% in last one year as compared to a 4.18% fall in NIFTY and a 2.09% fall in the Nifty Financial Services index.
The PE of the stock is 31.51 based on TTM earnings ending September 26.
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Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
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