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ICICI Bank drops ex-dividend

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Capital Market
Last Updated : May 30 2013 | 11:32 AM IST

Meanwhile, the S&P BSE Sensex was down 57.94 points or 0.29% at 20,089.70.

On BSE, 83,000 shares were traded in the counter as against average daily volume of 3.14 lakh shares in the past one quarter.

The stock hit a high of Rs 1,197.90 and a low of Rs 1,185.35 so far during the day. The stock had hit a 52-week high of Rs 1,236.90 on 28 May 2013. The stock had hit a 52-week low of Rs 767.95 on 4 June 2012.

The stock had outperformed the market over the past one month till 29 May 2013, surging 5.5% compared with the Sensex's 3.92% rise. The scrip had also outperformed the market in past one quarter, jumping 16.86% as against Sensex's 6.82% gain.

The large-cap private sector bank has equity capital of Rs 1154.02 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 1.64% based on the closing price of Rs 1,215.70 on Wednesday, 29 May 2013.

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ICICI Bank's net profit rose 21.2% to Rs 2304.07 crore on 10.3% growth in total income to Rs 12573.52 in Q4 March 2013 over Q4 March 2012.

ICICI Bank had 3,100 branches, the largest branch network among private sector banks in the country as at 31 March 2013. The bank's ATM network stood at 10,481 ATMs as on 31 March 2013.

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First Published: May 30 2013 | 11:13 AM IST

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