Markets Plunge Globally; ICICI Lombard Defies the Trend with Robust Q3 Results

Markets Plunge Globally; ICICI Lombard Defies the Trend with Robust Q3 Results

In a marked downturn, the stock market registered substantial losses on Wednesday. The Sensex, India’s benchmark stock market index, plunged by 1,596.68 points, a steep 2.18% drop, landing at 71,532.09. The Nifty followed suit, shedding 455.60 points—also a 2.18% decrease—to 21,576.70. This downward trend is attributed to a cocktail of factors including mixed trading in Asian equities, a retreat in…
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Source: https://bnnbreaking.com/finance-nav/stock-markets/markets-plunge-globally-icici-lombard-defies-the-trend-with-robust-q3-results/

ICICI Lombard Share Price: ICICI Lombard shares gain 2.97% as Sensex falls

Shares of ICICI Lombard General Insurance Company Ltd. traded 2.97 per cent higher in Wednesday’s session at 10:00AM (IST). The stock opened at Rs 1381.1 and has touched an intraday high and low of Rs 1475.0 and Rs 1381.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 1491.95 and a 52-week low of 1049.1. About 55,525 shares changed hands on the counter so far. Benchmark Nifty50 was down 202.0 points at 21830.3, while the BSE Sensex traded 816.91 points…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-watch/icici-lombard-shares-gain-2-97-as-sensex-falls/articleshow/106915376.cms?from=mdr

Net profit rises 22.4% to Rs 431 crore

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Private sector insurance company ICICI Lombard General Insurance on January 16 reported a net profit of Rs 431 crore for the October-December quarter of financial year 2023-24.
The profit was up by 22.4 percent from Rs 353 crore recorded in the year-ago period. The net profit, at Rs 431 crore, missed market…
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Source: https://www.moneycontrol.com/news/business/earnings/icici-lombard-general-insurance-q3-result-net-profit-rises-22-4-to-rs-431-crore-12059211.html/amp

Some Confidence Is Lacking In ICICI Lombard General Insurance Company Limited’s (NSE:ICICIGI) P/E

With a price-to-earnings (or “P/E”) ratio of 38.4x ICICI Lombard General Insurance Company Limited (NSE:ICICIGI) may be sending bearish signals at the moment, given that almost half of all companies in India have P/E ratios under 31x and even P/E’s lower than 17x are not unusual. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified. ICICI Lombard General Insurance could be doing better as it’s been growing earnings less than most…
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Source: https://simplywall.st/stocks/in/insurance/nse-icicigi/icici-lombard-general-insurance-shares/news/some-confidence-is-lacking-in-icici-lombard-general-insuranc/amp

ICICI Lombard share price Today Live Updates : ICICI Lombard Shares Surge in Trading Today

16 Jan 2024, 02:41 PM IST
ICICI Lombard share price live: Stock Peers

16 Jan 2024, 02:30 PM IST
ICICI Lombard share price update :ICICI Lombard trading at ₹1379.55, up 0.54% from yesterday’s ₹1372.2
The current data shows that the stock price of ICICI Lombard is ₹1379.55. It has experienced a 0.54% increase, with a net change of 7.35.

16 Jan…
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Source: https://www.livemint.com/market/live-blog/icici-lombard-share-price-live-blog-for-16-jan-2024/amp-11705378200688.html

Q3 results today: HDFC Bank, ICICI Lombard, L&T Technology among 31 companies to announce Q3FY24 earnings today

Q3 results today: Indian markets are primed for a day of high anticipation as a slew of major companies will release earnings for the third quarter of FY24 on January 16, including heavyweights like HDFC Bank, ICICI Lombard General Insurance Company, L&T Technology Services, and several others. These results will provide crucial insights into the performance of various sectors and offer clues…
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Source: https://www.livemint.com/companies/company-results/q3-results-today-hdfc-bank-icici-lombard-l-t-technology-among-31-companies-to-announce-q3fy24-earnings-today/amp-11705368670107.html

ICICI Lombard General Insurance Company share price Today Live Updates

ICICI Lombard General Insurance Company Stock Price TodayICICI Lombard General Insurance Company Share Price Today : On the last day of trading, ICICI Lombard General Insurance Company opened at ₹1393.2 and closed at ₹1393.8. The stock reached a high of ₹1396.65 and a low of ₹1381.15. The market capitalization of the company is ₹68,530.93 crore. The 52-week high for the stock is ₹1491.95, while the 52-week low is ₹1049.1. The BSE volume for the stock was 10,597…
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Source: https://mintgenie.livemint.com/news/markets/icici-lombard-general-insurance-company-share-price-live-blog-for-15-jan-2024-151705287713052

Premium income to rise 15%, combined ratio to be elevated

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ICICI Lombard General Insurance on January 16 is likely to report a net profit of Rs 507 crore for the October-December 2023 quarter, up 44 percent year-on-year. This will come on the back of 15 percent YoY growth in net earned premium to Rs 4,376 crore, as per a poll of brokerages.
Net earned premium is the…
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Source: https://www.moneycontrol.com/news/business/earnings/icici-lombard-q3-preview-premium-income-to-rise-15-combined-ratio-to-be-elevated-12052561.html/amp

ICICI Lombard Share Price: ICICI Lombard shares down 0.47% as Sensex rises

Shares of ICICI Lombard General Insurance Company Ltd. fell 0.47 per cent to Rs 1388.05 in Monday’s session as of 12:08PM (IST) even as the equity benchmark Sensex traded 596.82 points higher at 73165.27. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1491.95 and a 52-week low of Rs 1049.1 on NSE. Around 7339 shares changed hands on the counter till 12:08PM (IST). The stock opened at Rs 1396.5 and has touched an intraday…
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Source: https://m.economictimes.com/markets/stocks/stock-watch/icici-lombard-shares-down-0-47-as-sensex-rises/amp_articleshow/106856483.cms

ICICI Lombard General Insurance Company share price Today Live Updates

ICICI Lombard General Insurance Company Stock Price TodayICICI Lombard General Insurance Company Share Price Today : On the last day of trading, ICICI Lombard General Insurance Company opened at ₹1388.4 and closed at the same price. The stock reached a high of ₹1398 and a low of ₹1385.65. The company has a market capitalization of ₹68614.61 crore. The 52-week high for the stock is ₹1491.95 and the 52-week low is ₹1049.1. On the BSE, a total of 9,483 shares were…
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Source: https://mintgenie.livemint.com/news/markets/icici-lombard-general-insurance-company-share-price-live-blog-for-12-jan-2024-151705029239385