Please Don’t Buy ICICI Lombard For A Period Of 1 Year From Now!!
52 week low is Rs1207 and 1 year high is Rs1675.
Market Capitalisation is 59,000cr.
Expected to grow till Rs2000 within 2 years from now.
Sales has been increased this quarter by 4006cr from 3982cr.
Gross Profit has been declined to 420cr and Net Profit has been to 317cr respectively.
We can see a 31% decline in Net Profit, that is why shares are coming down.
Reserves had been increased to 7661cr from 5250cr this quarter. Massive increase.
Cash flow Is Really Down that is why data is not given.
EPS is 32.41, Dividend per Share is 8, Current Ratio is 0.24, etc.
Debt to Equity is 0.06.
3 years Net Profit is 30.74. We expect that all the data given are jumbled.
So, please don’t buy this share as the data is not appropriate, also we see lot of bogus data has been inserted to fool investors.
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