ICICI Bank surges on reporting 19% rise in Q2 consolidated net profit
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ICICI Bank is currently trading at Rs. 1300.90, up by 45.40 points or 3.62% from its previous closing of Rs. 1255.50 on the BSE.
The scrip opened at Rs. 1288.15 and has touched a high and low of Rs. 1301.20 and Rs. 1280.65 respectively. So far 426834 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1361.35 on 20-Sep-2024 and a 52 week low of Rs. 908.40 on 30-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1304.90 and Rs. 1234.85 respectively. The current market cap of the company is Rs. 916324.90 crore.
The Institutions and Non-Institutions held 90.41% and 9.59% stake in the company respectively.
ICICI Bank has reported 14.47% rise in its net profit at Rs 11745.88 crore for the second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 10261.00 crore for the same quarter in the previous year. Total income of the bank increased by 17.24% at Rs 47714.04 crore for Q2FY25 as compared to Rs 40697.07 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 18.83% rise in net profit at Rs 12947.77 crore for Q2FY25 as compared to Rs 10896.13 crore for the same quarter in the previous year. Total income of the bank increased by 27.32% at Rs 72942.55 crore for Q2FY25 as compared to Rs 57292.26 crore for the corresponding quarter previous year.
