ICICI Bank share price has zoomed 5% and is presently trading at Rs 1,359.0.
Meanwhile, the BSE BANKEX index is at 61,120.2 (up 1.7%).
Among the top gainers in the BSE BANKEX index today are Kotak Bank (up 2.6%) and HDFC Bank (up 1.7%).
AU SMALL FINANCE BANK (down 2.7%) and IDFC FIRST BANK (down 1.5%) are among the top losers today.
Over the last one year, ICICI Bank has moved up from Rs 990.5 to Rs 1,359.0, registering a gain of Rs 368.6 (up 37.2%).
On the other hand, the BSE BANKEX index has moved up from 51,611.4 to 61,120.2, registering a gain of 18.4% during the last 12 months.
The top gainers among the BSE BANKEX index stocks during this same period were ICICI Bank (up 37.2%), SBI (up 29.7%) and Federal Bank (up 26.8%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 84,643.4 (up 1.8%).
The top gainers among the BSE Sensex today are M&M (up 5.4%) and JSW Steel (up 3.7%). The most traded stocks in the BSE Sensex are Tata Steel and ICICI Bank.
In the meantime, NSE Nifty is at 25,822.6 (up 1.6%). M&M and JSW Steel are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,596.8 to 84,643.4, registering a gain of 17,046.6 points (up 25.2%).
ICICI Bank net profit grew 15.3% YoY to Rs 124,059 million for the quarter ended June 2024, compared to a profit of Rs 107,634 million a year ago. Net sales rose 20.1% to Rs 445,817 million during the period as against Rs 371,059 million in April-June 2023.
For the year ended March 2024, ICICI Bank reported 30.0% increase in net profit to Rs 442,564 million compared to net profit of Rs 340,366 million during FY23. Revenue of the company grew 31.8% to Rs 1,595,159 million during FY24.
The current Price to earnings ratio of ICICI Bank, based on rolling 12 month earnings, stands at 20.5.
Equitymaster requests your view! Post a comment on "ICICI Bank Gains 5%; BSE BANKEX Index Up 1.7%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!