ICICI Bank hits all-time high; stock up 42% from July low

Shares of ICICI Bank hit an all-time high of Rs 366.20, up 1.5 per cent on Wednesday, extending its Tuesday’s 2.4 per cent gain on BSE.
 

The stock of private sector lender surpassed its previous high of Rs 365.65 recorded on January 29, 2018, in the intra-day trade. It has rallied 42 per cent from its 52-week low of Rs 257 hit on July 16 this year.

Post July-September quarter (Q2FY19) results, shares of the bank have outperformed the market by surging 16 per cent from Rs 315 on October 26, after the bank reported a better-than-expected results. In