ICICI Bank trades in green on the bourses
ICICI Bank is currently trading at Rs. 582.55, up by 1.30 points or 0.22% from its previous closing of Rs. 581.25 on the BSE.
The scrip opened at Rs. 587.70 and has touched a high and low of Rs. 587.70 and Rs. 580.35 respectively. So far 259105 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 679.30 on 16-Feb-2021 and a 52 week low of Rs. 281.60 on 03-Apr-2020.
Last one week high and low of the scrip stood at Rs. 592.90 and Rs. 574.60 respectively. The current market cap of the company is Rs. 402154.70 crore.
The Institutions and Non-Institutions holding in the company stood at 90.34% and 9.66% respectively.
ICICI Bank and Axis Bank have tied up with global e-commerce major Amazon and cards major Visa to launch a retail payments entity, which will be a rival to state-owned NPCI. Concerns over concentration risk and a need to fast-track cashless payments had led the RBI to invite applications for a New Umbrella Entity (NUE) to rival the National Payments Corporation of India (NPCI), which currently delivers services like UPI-based payments. ICICI Bank and Axis Bank will be co-leading the consortium with a 20 per cent stake each.
ICICI Bank is a leading private sector bank in India.