ICICI BANK at All Time High; BSE BANKEX Index Up 1.7%

Tue, 22 Oct 01:24 PM

ICICI BANK share price has hit an all-time high at Rs 459 (up 4.8%).

Meanwhile, the BSE BANKEX Index is at 33,532 (up 1.7%).

Among the top gainers in the BSE BANKEX Index today are ICICI BANK (up 4.8%) and INDUSIND BANK (up 0.4%).

KOTAK MAHINDRA BANK (down 0.4%) and CITY UNION BANK (down 2.3%) are among the top losers today.

Over the last one year, ICICI BANK has moved up from Rs 315 to Rs 459, registering a gain of Rs 144 (up 45.6%).

The BSE BANKEX has moved up from 28,042 to 33,532, registering a gain of 5,490 points (up 19.3%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 45.6%), KOTAK MAHINDRA BANK (up 34.1%) and AXIS BANK (up 28.1%).

Last 2 Days: Watch the Replay of Great Indian Wealth Project Special Event

What About the Benchmark Indices?

The BSE Sensex is at 39,426 (down 0.2%). The top gainers among the BSE Sensex stocks today are YES BANK (up 6.7%), ICICI BANK (up 4.8%) and HERO MOTOCORP (up 2.0%). Other gainers include BHARTI AIRTEL (up 1.8%) and BAJAJ AUTO (up 1.7%). The most traded stocks in the BSE Sensex are YES BANK and ITC.

In the meantime, NSE Nifty is at 11,714 (down 0.1%). The top gainers in the NSE Nifty include YES BANK (up 4.8%), ICICI BANK (up 4.6%) and GRASIM (up 3.2%). Other gainers include CIPLA (up 2.5%) and DR. REDDYS LAB (up 2.0%).

Over the last 12 months, the BSE Sensex has moved up from 34,316 to 39,426, registering a gain of 5,110 points (up 14.3%).

ICICI BANK Financial Update...

ICICI BANK net profit stood at Rs 19 billion for the quarter ended June 2019, compared to a profit of Rs 16 billion a year ago. Operating income rose 10.4% to Rs 179.8 billion during the period as against Rs 162.8 billion in April-June 2018.

For the year ended March 2019, ICICI BANK reported 37.5% decrease in net profit to Rs 56.9 billion compared to net profit of Rs 91.0 billion during FY18.

Revenue of the company grew 15.8% to Rs 720 billion during FY19.

The current Price to earnings ratio of ICICI BANK, based on rolling 12 month earnings, stands at 54.7x.

Indian Share Market Update: Top Gainers and Losers

What else is happening in the markets today? Dig in...