ICICI Lombard rebounds 9% from day's low after block deals

Shares of ICICI Lombard General Insurance Company moved higher by 5 per cent to Rs 1,232, bouncing back 9 per cent from its intra-day low on the BSE on Thursday after nearly 5 per cent of total equity of the company changed hands via block deals. The stock of general insurance company hit a low of Rs 1,132 in the early morning deal today.

Till 02:25 pm, around 23.26 million equity shares, representing 5 per cent of total equity of ICICI Lombard, changed hands on the BSE, the exchange data shows. The name of the buyers and sellers were