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ICICIBANK

Icici Bank Share PriceICICI Bank

₹817.2
-38.1 (-4.45%)
As on 28 January, 2023 | 22:06 BSE: 532174 NSE: ICICIBANK

Icici Bank Performance

Day Range

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  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Icici Bank Share Price

  • Over 1 Month -9.27%
  • Over 3 Month -11.6%
  • Over 6 Month 2.09%
  • Over 1 Year 2.84%

Icici Bank Key Statistics

P/E Ratio 17.5
PEG Ratio 0.4
Market Cap Cr 570,265
Price to Book Ratio 3.2
EPS 33.4
Dividend 0.6
Relative Strength Index 24.99
Money Flow Index 37.75
MACD Signal -11.25
Average True Range 18.24

Icici Bank Investment Rating

  • Master Rating:
  • Icici Bank has an operating revenue of Rs. 175,090.11 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of 22% is great, ROE of 14% is good. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 48 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 51 indicates it belongs to a fair industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

ICICI Bank Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 28,50626,03323,67222,675
Operating Expenses Qtr Cr 8,2178,1617,5667,049
Operating Profit Qtr Cr 8,2486,6255,6445,556
Depreciation Qtr Cr 0000
Interest Qtr Cr 12,04111,24610,46210,070
Tax Qtr Cr 2,7022,4782,2602,205
Net Profit Qtr Cr 8,3127,5586,9057,019

Icici Bank Technicals

EMA & SMA

Current Price
₹817.2
-38.1 (-4.45%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 870
  • 50 Day
  • 885.61
  • 100 Day
  • 878.91
  • 200 Day
  • 843.77
  • 20 Day
  • 871.47
  • 50 Day
  • 900.28
  • 100 Day
  • 897.25
  • 200 Day
  • 830.44

Icici Bank Resistance and Support

PIVOT
₹860.04
Resistance
First Resistance 872.07
Second Resistance 888.84
Third Resistance 900.87
RSI 24.99
MFI 37.75
MACD Single Line -11.25
MACD -13.67
Support
First Resistance 843.27
Second Resistance 831.24
Third Resistance 814.47

Icici Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 40,331,551 3,077,700,657 76.31
Week 21,106,594 1,466,275,068 69.47
1 Month 13,664,626 937,256,674 68.59
6 Month 12,345,554 823,695,387 66.72

Icici Bank Result Highlights

ICICI Bank Synopsis

NSE-Banks-Money Center

Icici Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 86374.55 Cr. and Equity Capital is Rs. 1389.97 Cr. for the Year ended 31/03/2022. ICICI Bank Ltd. is a Public Limited Listed company incorporated on 05/01/1994 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L65190GJ1994PLC021012 and registration number is 021012.
Market Cap 570,265
Sales 120,366
Shares in Float 697.83
No of funds 2042
Yield 0.61
Book Value 3.39
U/D Vol ratio 0.8
LTDebt / Equity 63
Alpha 0.02
Beta 1.03

ICICI Bank

Owner NameDec-22Sep-22Jun-22Mar-22
Mutual Funds 28.69%28.79%29.19%
Insurance Companies 12.41%12.71%13.07%
Foreign Portfolio Investors 45.11%44.77%43.54%
Financial Institutions/ Banks 0.09%0.07%
Individual Investors 7.93%7.89%8.29%
Others 5.86%5.75%5.84%

ICICI Bank Management

Name Designation
Mr. Girish Chandra Chaturvedi Non Exe.Part Time Chairman
Mr. Sandeep Bakhshi Managing Director & CEO
Mr. Sandeep Batra Executive Director
Mr. Anup Bagchi Executive Director
Mr. Rakesh Jha Executive Director
Ms. Neelam Dhawan Independent Director
Mr. Uday Chitale Independent Director
Mr. Radhakrishnan Nair Independent Director
Mr. Hari L Mundra Independent Director
Mr. B Sriram Independent Director
Ms. Vibha Paul Rishi Independent Director
Mr. S Madhavan Independent Director

Icici Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Icici Bank Corporate Action

Date Purpose Remarks
2023-01-21 Quarterly Results
2022-10-22 Quarterly Results
2022-07-23 Quarterly Results
2022-04-23 Audited Results & Final Dividend
2022-01-22 Quarterly Results
Date Purpose Remarks
2022-08-10 FINAL Rs.5.00 per share(250%)Final Dividend
2021-07-30 FINAL Rs.2.00 per share(100%)Final Dividend

ICICI Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 154851
SBI S&P BSE Sensex ETF 85383
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56710
HDFC Balanced Advantage Fund Growth 51027
ICICI Prudential Balanced Advantage Fund Growth 44634

Icici Bank Videos

About Company

An Indian multinational financial services company headquartered in Vadodara, Gujarat, ICICI (Industrial Credit and Investment Corporation of India) Bank Limited is the largest private sector bank in the country. It has a presence in over 17 nations worldwide.

It has a network of 5,275 branches and more than 15,500 ATMs in India. It offers a huge range of financial services and banking products for retail and corporate customers through various channels.

The most prominent areas it serves include personal and business banking, insurance solutions, venture capital, investment banking, securities, and asset management for SMEs, high-net-worth investors, and retail customers. The company offers many products, including deposit accounts, commercial and customer cards, investment products, and resident foreign currency accounts. 

History

ICICI was established in 1955 as a joint venture of public sector insurance companies, banks, and the World Bank to provide medium- and long-term project financing to businesses in India. ICICI Bank was founded in 1994 as a wholly-owned subsidiary that later merged with the company.

In the 1990s, ICICI started offering diversified financial services through its subsidiaries and introduced a broader range of banking and financial products to a bigger spectrum of clients. In 1999, it became the first Indian company and the first financial institution from Asia to get listed on the NYSE.

A reverse merger tool took place in 2002 wherein the bank, subsidiaries, and other group companies merged to integrate the banking and financial operations of the company into a single entity. In 2020, the company invested INR 10 billion in YES Bank to take a 5% ownership in the bank.

Over the years, ICICI has won several awards and recognitions in the industry and has continued to introduce innovative products and technologies. It also helped set up the CIBIL (Credit Information Bureau of India Limited) in 2000. 

Shareholding Pattern

As of March 2022, promoters hold no shares of ICICI Bank Ltd., while foreign institutions hold 43.95% of its shares. Out of the remaining stake, the general public holds 11.22%, DII holds 44.81%, and others hold 0.02%.

Corporate Social Responsibility Information

ICICI Bank Ltd. has a long-standing commitment to CSR and contributes to socio-economic development through industry-leading interventions. The area's activities are implemented directly or through the ICICI Foundation, which focuses on inclusive growth.

Here are the prominent programmes approved by the company under its corporate social responsibility plan.

ICICI Academy for Skills

This national-level initiative was created to meet the demand for skilled labour and create opportunities for underprivileged youth.

The academy offers job-oriented, industry-relevant training in ten technical and three office skill courses. There are 28 academies across 20 states providing free training, maintaining a record of 100% placement.

Financial Inclusion

The foundation has initiated a financial literacy programme to increase awareness about financial products and strengthen the decision-making capability of the beneficiaries.

The programme reaches out from schools and colleges to people belonging to economically backward classes like workers.

Rural Self Employment Training Institutes

Under the national programme run by the MoRD, the bank has set up RSETIs to provide vocational training to rural youth. Under this initiative, satellite centres are being set up in different blocks within districts to provide training at the doorstep through flexible training courses to the youth.

ICICI Bank Ltd also undertakes several other programmes for inclusive growth, benefitting a large number of people throughout the country every year. For example, 'Kaushal Utsav' exhibitions display the talent of trainees from rural areas. 'Daan Utsav' is an annual event conducted at banks and companies whereby employees and customers can contribute to social development causes.

Financial Information

Top Line

The company's financial reports over the last few years suggest that its revenue has grown continuously from INR 72,385 crores in 2018 to INR 104,892 crores in 2022.

Bottom Line

Looking at the performance reports, ICICI Bank's bottom line has grown exponentially over the past few years, with profit after tax growing by 44% YOY to INR 23,339 crores in March 2022. The core operating profit has also increased by 22% YOY to 38,347 crore INR in the financial year ending in March 2022.

Net Worth

The company's net worth has consistently increased over the past few years. ICICI Bank Ltd. had reported a net worth of INR 1,47,509 crores in the year ending March 2022, while the previous year's net worth was INR 1,16,504 crores.

ICICI Bank FAQs

What is Share Price of ICICI Bank ?

ICICI Bank share price is ₹817 As on 28 January, 2023 | 21:52

What is the Market Cap of ICICI Bank ?

The Market Cap of ICICI Bank is ₹570265.1 Cr As on 28 January, 2023 | 21:52

What is the P/E ratio of ICICI Bank ?

The P/E ratio of ICICI Bank is 17.5 As on 28 January, 2023 | 21:52

What is the PB ratio of ICICI Bank ?

The PB ratio of ICICI Bank is 3.2 As on 28 January, 2023 | 21:52

When was the ICICI Bank founded?

ICICI Bank was founded in June 1994 in Vadodara.

Who is the CEO of ICICI Bank?

Sandeep Bakhshi is the CEO of ICICI Bank since 15 Oct 2018.

When did ICICI Bank launch internet banking operations?

In 1998, ICICI Bank began offering Internet Banking services.

Is ICICI Bank a good buy?

On a trailing 12-month basis, ICICI Bank has an operating revenue of Rs. 162,412.83 Cr. Annual revenue growth of 8% is good, the pre-tax margin of 16% is excellent, and ROE of 11% is excellent. The fact that institutional holdings increased in the most recent quarter is a good sign.

Who is the promoter of ICICI Bank?

ICICI Bank Ltd Ownership

Owner Name

Jun-21

Mar-21

Dec-20

Mutual Funds

26.26%

26.07%

26.35%

Insurance Companies

12.56%

12.85%

13.4%

Foreign Portfolio Investors

48.01%

47.78%

47.43%

Financial Institutions/ Banks

0.08%

0.05%

0.03%

Individual Investors

7.6%

7.65%

7.34%

Others

5.49%

5.6%

5.45%

Does ICICI Bank give dividends?

ICICI Bank has declared a 100% equity dividend amounting to INR 2 per share for the fiscal year ending March 2021.

What is the rank of ICICI Bank in India?

Private lenders ICICI Bank is the 3rd largest among the top banks in India.

How can I buy the shares of ICICI?

You can buy the shares of ICICI Bank Ltd. by opening a Demat account online and verifying your identity.

What is the face value of the share of ICICI Bank Ltd.?

The share's face value is INR 2. 

Q2FY23