ICICI Bank lost 2.78% to Rs 298.50 at 12:12 IST on BSE after net profit fell 8.21% to Rs 2049 crore on 0.52% growth in total income to Rs 16847.04 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 27 July 2017.Meanwhile, the S&P BSE Sensex was down 154.69 points, or 0.48%, to 32,228.61.
On the BSE, 4.86 lakh shares were traded in the counter so far, compared with average daily volume of 16.01 lakh shares in the past one quarter. The stock had hit a high of Rs 304 and a low of Rs 298.05 so far during the day. The stock had hit a 52-week low of Rs 215.41 on 4 August 2016. The stock had hit a 52-week high of Rs 314.50 on 27 August 2017.
The stock had outperformed the market over the past one month till 27 July 2017, gaining 5.43% compared with 4.6% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.28% as against Sensex's 7.84% rise. The scrip had also outperformed the market in past one year, advancing 24.13% as against Sensex's 15.55% rise.
The large-cap private sector bank has equity capital of Rs 1282.63 crore. Face value per share is Rs 2.
ICICI Bank's gross non-performing assets (NPAs) stood at Rs 43147.64 crore as on 30 June 2017 as against Rs 42551.54 crore as on 31 March 2017 and Rs 27562.93 crore as on 30 June 2016.
The ratio of gross NPAs to gross advances stood at 7.99% as on 30 June 2017 as against 7.89% as on 31 March 2017 and 5.28% as on 30 June 2016. The ratio of net NPAs to net advances stood at 4.86% as on 30 June 2017 as against 4.89% as on 31 March 2017 and 3.01% as on 30 June 2016.
The bank's Net Interest Income (NII) grew by 8% to Rs 5590 crore in Q1 June 2017 over Q1 June 2016.
ICICI Bank is one of the leading private sector banks in India. The bank had a network of 4,852 branches and 13,780 ATMs at 30 June 2017.
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