ICICI Bank gains on reporting 10% rise in Q1 consolidated net profit
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ICICI Bank is currently trading at Rs. 1230.40, up by 22.70 points or 1.88% from its previous closing of Rs. 1207.70 on the BSE.
The scrip opened at Rs. 1220.00 and has touched a high and low of Rs. 1239.95 and Rs. 1215.45 respectively. So far 471705 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1257.65 on 11-Jul-2024 and a 52 week low of Rs. 898.85 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1248.45 and Rs. 1186.00 respectively. The current market cap of the company is Rs. 866064.31 crore.
The Institutions holding in the company stood at 90.21%, while Non-Institutions held 9.79% in the company.
ICICI Bank has reported 14.62% rise in its net profit at Rs 11059.11 crore for the quarter ended June 30, 2024 as compared to Rs 9648.20 crore for the same quarter in the previous year. Total income of the bank increased by 18.66% at Rs 45997.70 crore for Q1FY25 as compared to Rs 38762.86 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 9.96% rise in net profit at Rs 11695.84 crore for Q1FY25 as compared to Rs 10636.12 crore for the same quarter in the previous year. Total income of the bank increased by 29.16% at Rs 67270.06 crore for Q1FY25 as compared to Rs 52084.00 crore for the corresponding quarter previous year.
