Analyst Rating
based on 40 analysts
90.00%
Buy
10.00%
Hold
0.00%
Sell
Based on 40 analysts offering long term price targets for ICICI Bank Ltd. An average target of ₹1387.3
Source: S&P Global Market Intelligence
ICICI Bank Ltd Share analysis
ICICI Bank Ltd price forecast by 40 analysts
Upside of9.40%
High
₹1610
Target
₹1387.30
Low
₹1120
ICICI Bank Ltd target price ₹1387.3, a slight upside of 9.4% compared to current price of ₹1288.35. According to 40 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
ICICI Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
ICICI Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:14.79%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,262₹1,295.3552 Week's Low
52 Week's High
₹899₹1,295.35
| Returns % | |
| 1 Month Return | + 7.84 % |
| 3 Month Return | + 12.94 % |
| 1 Year Return | + 28.07 % |
| Market Stats | |
| Previous Close | ₹1,268.10 |
| Open | ₹1,262.00 |
| Volume | 1.25Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,93,337.30Cr |
Key Statistics
| P/E Ratio | 19.63 |
| PEG Ratio | 1.76 |
| Market Cap | ₹8,93,337.30 Cr |
| P/B Ratio | 3.27 |
| EPS | 64.08 |
| Dividend Yield | 0.91 |
| Sector | Banks |
| ROE | 18.89 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹8,93,337.30 Cr | 43.51% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹1,14,227.12 Cr | 2.04% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| HOLD | ₹33,456.64 Cr | -10.66% | NA | NA | NA | |
| BUY | ₹3,81,030.13 Cr | 18% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹12,72,666.82 Cr | 10.51% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
Company Information
ICICI Bank has a robust international presence, operating in over 15 countries, including the United States, the United Kingdom, Canada, and Singapore. The bank has several subsidiaries, such as ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Securities, and ICICI Bank Canada, providing specialized services in insurance, brokerage, and banking. A notable fact about ICICI Bank is its pioneering role in digital banking in India, being one of the first banks to introduce internet banking in the country. The bank continues to focus on innovation and expansion, enhancing its global footprint and product offerings.
Share Price: ₹1288.35 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹8,93,337.30Cr as of today
Revenue: ₹67,326.93Cr as on June 2024 (Q2 24)
Net Profit: ₹11,695.84Cr as on June 2024 (Q2 24)
Listing date: 24 Sep, 1997
Chairperson Name: Girish Chandra Chaturvedi
| Organisation | ICICI Bank Ltd |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for ICICI Bank Ltd
ICICI Bank Surpasses ₹9 Lakh Crore Market Cap - 18 Sep, 2024
On September 18, 2024, ICICI Bank's market capitalization exceeded Rs 9 lakh crore for the first time, with shares reaching a record high of Rs 1,295. The bank reported strong financial performance, including a 14.6% YoY increase in profit after tax, despite macroeconomic challenges. Analysts remain optimistic about the bank's growth prospects and stable asset quality.
ICICI Bank Hits Highs and Receives Target Price - 17 Sep, 2024
ICICI Bank saw significant activity on September 17, with payments related to annuity schemes, hitting a 52-week high, and a target price set at Rs 1,310.
Former SEBI Official's Payments from ICICI Bank - 16 Sep, 2024
A former SEBI official received payments from ICICI Bank related to a contributory annuity scheme and exercising of ESOPs over a decade.
ICICI Securities Shareholders to Receive ICICI Bank Shares - 14 Sep, 2024
ICICI Securities shareholders will receive 67 shares of ICICI Bank for every 100 shares held, as concerns arise over delisting regulations and exemptions granted by Sebi.
Madhabi Puri Buch Addresses Allegations Against ICICI Bank - 13 Sep, 2024
Madhabi Puri Buch clarified her adherence to SEBI guidelines amid allegations of conflict of interest related to her past employment at ICICI Bank. She emphasized compliance with disclosure norms and denied handling any regulatory matters concerning ICICI Bank.
Allegations Against SEBI Chair Impacting ICICI Bank - 11 Sep, 2024
New allegations surfaced claiming SEBI Chairperson Madhabi Puri Buch's consulting firm received illegal payments from ICICI Bank and other companies, raising concerns about regulatory integrity.
CLSA Maintains Bullish Outlook on ICICI Bank - 10 Sep, 2024
CLSA has reiterated its 'outperform' rating on ICICI Bank, setting a target price of Rs 1,500 per share, citing stable NIM and strong loan growth. The bank's shares have surged over 23% this year, outperforming the Nifty 50 index.
ICICI Bank Faces Technical Challenges and Controversy - 09 Sep, 2024
ICICI Bank's stock shows bearish trends, unable to break previous highs. Additionally, allegations of conflict of interest against Sebi's chief raise concerns about financial ties.
ICICI Bank Faces Legal and Market Valuation Challenges - 06 Sep, 2024
The Supreme Court issued a notice to Chanda Kochhar in a CBI case, while ICICI Bank reported significant market valuation losses, totaling Rs 1.4 lakh crore.
Allegations Against Buch Impacting ICICI Bank's Reputation - 05 Sep, 2024
Allegations against Buch regarding income from ICICI Bank have surfaced, claiming he earned over ₹12 crore since joining SEBI, raising concerns about conflicts of interest.
ICICI Bank Clarifies Payments to SEBI Chairperson - 04 Sep, 2024
ICICI Bank faced allegations from Congress regarding SEBI Chairperson Madhabi Buch's compensation. The bank clarified that payments were retirement benefits, not salary or ESOPs.
ICICI Bank Shares Fluctuate Amid Buch Controversy - 03 Sep, 2024
ICICI Bank faced scrutiny over alleged payments to SEBI Chairperson Madhabi Buch. Despite controversy, shares rose 1.39% after a slight dip earlier in the day.
ICICI Bank Denies Salary Allegations Against SEBI Chief - 02 Sep, 2024
ICICI Bank clarified that SEBI Chairperson Madhabi Puri Buch did not receive any salary or ESOPs post-retirement, refuting Congress allegations of conflict of interest.
ICICI Bank Shows Strength Amid Positive Developments - 30 Aug, 2024
ICICI Bank is experiencing positive momentum with strong stock performance, favorable agricultural conditions boosting rural incomes, and the successful launch of the Amazon Pay credit card.
ICICI Bank Receives Positive Outlook from Kotak - 27 Aug, 2024
Kotak Institutional Equities maintains a Buy rating on ICICI Bank, highlighting strong underwriting standards and potential for net interest margin improvement, with a fair value of Rs 1,400.
ICICI Bank Engages in Financing and Stressed Loan Sales - 26 Aug, 2024
ICICI Bank collaborates with Tata Power Solar Systems to finance solar units while also seeking expressions of interest to sell stressed loans in John Energy Ltd.
FPIs Sell Banking Shares Amid Concerns - 25 Aug, 2024
Foreign Portfolio Investors (FPIs) have been significant sellers in Indian financials, particularly banking shares, due to concerns over slow deposit growth and challenges in Q1FY25, including shrinking margins and deteriorating asset quality.
ICICI Bank Partners for Solar Financing Solutions - 23 Aug, 2024
ICICI Bank collaborates with Tata Power Solar Systems to offer loans up to Rs 90 lakh for solar units, enhancing accessibility for residential and corporate customers.
NCLT Approves ICICI Securities Delisting Plan - 22 Aug, 2024
The National Company Law Tribunal approved the delisting of ICICI Securities, allowing shareholders to exchange their shares for ICICI Bank shares, enhancing ICICI Bank's position.
ICICI Securities to Merge with ICICI Bank - 21 Aug, 2024
ICICI Securities announced plans to delist and merge with ICICI Bank, offering shareholders a share-swap ratio of 67 ICICI Bank shares for every 100 ICICI Securities shares. The plan received approval from minority shareholders and ICICI Bank's board in 2023.
Insights on ICICI Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 7 days, ICICIBANK stock has moved up by 2.6%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 36.01% to 36.60% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 9 quarters, 7.38K Cr → 11.69K Cr (in ₹), with an average increase of 5.5% per quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 1.6%
- NO EFFECT
Against Peers
In the last 3 years, State Bank of India has given 79.0% return, outperforming this stock by 0.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.72% to 7.69% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 23.91% to 23.49% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 67.40K Cr → 67.32K Cr (in ₹), with an average decrease of 0.1% per quarter
ICICI Bank Ltd Infographics
ICICI Bank Ltd Q1 FY2024-2025 Results: Key Insights
ICICI Bank reported a Net profit rises of 14.6% aided by treasury gains despite higher provisions.
News
Government May Close Particular SGB Scheme, ICICI Bank Alerts Investors
The ICICI Direct disclaimer read, The Government of India may, with prior notice close the Scheme before the specified period.31 Jul, 2024 12:49 PMSEBI’s proposed F&O measures: How will brokerages like Zerodha, Angel One, ICICI Securities be impacted?
SEBI’s proposed F&O measures will remove 12 (of 18) weekly option contracts and impact 35 percent of industry premiums, said Jefferies. This comes after SEBI proposed seven key amendments to the derivatives trading framework, aiming to enhance investor protection and market stability, on Tuesday.31 Jul, 2024 02:29 PMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tVKfavfrDRyTwB7S)30 Aug, 2024 01:37 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 36.6% | 1.63 | |
| Mutual Funds | 23.49% | ||
| Retail Investors | 7.69% | ||
| Others | 32.23% |
Key Indicators
ICICI Bank Ltd Valuation
ICICI Bank Ltd in the last 5 years
Lowest (15.80x)
October 26, 2023
Industry (15.76x)
September 17, 2024
Today (19.63x)
September 17, 2024
Highest (66.71x)
June 27, 2019
Earnings and Dividends
ICICI Bank Ltd Earnings Results
ICICI Bank Ltd’s net profit jumped 9.96% since last year same period to ₹11,695.84Cr in the Q1 2024-2025. On a quarterly growth basis, ICICI Bank Ltd has generated 0.21% jump in its net profits since last 3-months.
Read More about Earnings ResultsICICI Bank Ltd Dividends April,2024
In the quarter ending March 2024, ICICI Bank Ltd has declared dividend of ₹10 - translating a dividend yield of 0.79%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
ICICI Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
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ICICI Bank Ltd (ICICIBANK) share price today is ₹1288.35
ICICI Bank Ltd is listed on NSE
ICICI Bank Ltd is listed on BSE
- Today’s highest price of ICICI Bank Ltd is ₹1295.35.
- Today’s lowest price of ICICI Bank Ltd is ₹1262.
PE Ratio of ICICI Bank Ltd is 19.63
PE ratio = ICICI Bank Ltd Market price per share / ICICI Bank Ltd Earnings per share
Today’s traded volume of ICICI Bank Ltd(ICICIBANK) is 1.25Cr.
Today’s market capitalisation of ICICI Bank Ltd(ICICIBANK) is ₹893337.3Cr.
| ICICI Bank Ltd(ICICIBANK | Price |
|---|---|
52 Week High | ₹1295.35 |
52 Week Low | ₹899 |
ICICI Bank Ltd(ICICIBANK) share price is ₹1288.35. It is down -0.54% from its 52 Week High price of ₹1295.35
ICICI Bank Ltd(ICICIBANK) share price is ₹1288.35. It is up 43.31% from its 52 Week Low price of ₹899
| ICICI Bank Ltd(ICICIBANK | Returns |
|---|---|
1 Day Returns | 20.25% |
1 Month Returns | 7.84% |
3 Month Returns | 12.94% |
1 Year Returns | 28.07% |