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ICICI Bank gains after strong Q2 numbers

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Capital Market

ICICI Bank rose 1.75% to Rs 276.20 at 13:42 IST on BSE after net profit rose 11.85% to Rs 3030.11 crore on 8.17% growth in total income to Rs 16106.22 crore in Q2 September 2015 over Q2 September 2014.

The result was announced during market hours today, 30 October 2015.

Meanwhile, the S&P BSE Sensex was down 57.28 points or 0.21% at 26,780.86.

On BSE, so far 8.21 lakh shares were traded in the counter as against average daily volume of 11.53 lakh shares in the past one quarter.

The stock was volatile. The stock rose as much as 2.44% at the day's high of Rs 278.10 so far during the day. The stock rose 0.29% at the day's low of Rs 272.25 so far during the day. The stock had hit a record high of Rs 393.30 on 28 January 2015. The stock had hit a 52-week low of Rs 248 on 7 September 2015.

 

The stock had underperformed the market over the past one month till 29 October 2015, gaining 0.97% compared with the Sensex's 4.11% rise. The scrip had also underperformed the market in past one quarter, sliding 6.14% as against Sensex's 2.63% fall.

The large-cap bank has equity capital of Rs 1161.58 crore. Face value per share is Rs 2.

ICICI Bank is one of the leading private sector banks in India.

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First Published: Oct 30 2015 | 1:44 PM IST

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