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1 Comment
ICICI Lombard General Insurance Company Limited is currently in a long term uptrend where the price is trading 9.5% above its 200 day moving average.
From a valuation standpoint, the stock is 84.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.5.
ICICI Lombard General Insurance Company Limited's total revenue rose by 10.2% to $32B since the same quarter in the previous year.
Its net income has increased by 6.6% to $3B since the same quarter in the previous year.
Finally, its free cash flow grew by 4.9% to $11B since the same quarter in the previous year.
Based on the above factors, ICICI Lombard General Insurance Company Limited gets an overall score of 5/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE765G01017 |
Sector | Financial Services |
Industry | Insurance - Diversified |
Market Cap | 914B |
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PE Ratio | 36.32 |
Target Price | 2019.2593 |
Beta | 0.62 |
Dividend Yield | 0.6% |
ICICI Lombard General Insurance Company Limited provides various general insurance products and services in India. The company primarily offers fire, marine, cargo, engineering, aviation, public/product liability, employee group, workmen's compensation, cyber, personal accident, and travel insurance solutions. It also provides credit, crop, cattle, weather, group and mass health, and motor, as well as home insurance solutions. In addition, the company offers underwriting and claims, customer relationship, technology, operations, finance and accounts, human resources, legal and compliance, actuarial, marketing, business analytics, administration, and fraud control, as well as reinsurance solutions. It serves its customers comprising individuals, corporates, state and central governments, government-owned enterprises, and rural customers, as well as micro, small, and medium enterprises through agents, brokers, bancassurance, tele-sales, direct alliances, motor insurance service providers, and online platforms. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Lombard General Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.
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