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ICICI Lombard hits new high, enters the top 50 most-valued companies list

The stock rallied 6 per cent to Rs 1,464 on the BSE, surpassing its previous high of Rs 1,439.90 touched on December 26, 2019.

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For the July-September quarter (Q2FY21), ICICI Lombard reported a good set of numbers as the company posted a 35 per cent jump in net profit at Rs 416 crore in Q2FY21.

SI Reporter Mumbai
Shares of ICICI Lombard General Insurance Company moved higher by 6 per cent to its record high of Rs 1,464 on the BSE on Thursday, thereby entering the top 50 most valuable firms list. The stoock surpassed its previous high of Rs 1,439.90 touched on December 26, 2019.

At 11:32 am, ICICI Lombard was trading 5 per cent higher at Rs 1,452 on the BSE, as compared to a 0.08 per cent decline in the S&P BSE Sensex. With Rs 65,988 crore market capitalisation (market-cap), ICICI Lombard stood at 49th position in the overall market-cap ranking, BSE data shows. The company’s

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First Published: Nov 26 2020 | 12:05 PM IST

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