ICICI Bank moves up on reporting 44% rise in Q1 consolidated net profit
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ICICI Bank is currently trading at Rs. 1003.40, up by 6.70 points or 0.67% from its previous closing of Rs. 996.70 on the BSE.
The scrip opened at Rs. 1008.00 and has touched a high and low of Rs. 1008.00 and Rs. 992.10 respectively. So far 113154 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1008.00 on 24-Jul-2023 and a 52 week low of Rs. 787.00 on 22-Jul-2022.
Last one week high and low of the scrip stood at Rs. 1008.00 and Rs. 953.05 respectively. The current market cap of the company is Rs. 701173.58 crore.
The Institutions and Non-Institutions held 89.78% and 10.22% stake in the company respectively.
ICICI Bank has reported results for first quarter ended June 30, 2023 (Q1FY24). ICICI Bank has reported 39.73% rise in its net profit at Rs 9,648.20 crore for the quarter under review as compared to Rs 6,904.94 crore for the same quarter in the previous year. Total income of the company increased by 36.79% at Rs 38,762.86 crore for Q1FY24 as compared Rs 28,336.74 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 44.03% rise in its net profit at Rs 10,636.12 crore for the quarter ended June 30, 2023 as compared to Rs 7,384.53 crore for the same quarter in the previous year. Total income of the company increased by 32.81% at Rs 52,084 crore for Q1FY24 as compared Rs 39,218.33 crore for the corresponding quarter previous year
