Business Standard

Icici Securities

Vedanta slumps 15% from Sept 30 peak: is it a good entry point?

Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter

Vedanta slumps 15% from Sept 30 peak: is it a good entry point?
Updated On : 14 Nov 2024 | 11:10 PM IST

Interest rate cut cycle to pause if Trump wins US election 2024: ICICI Sec

US election results: The brokerage believes Donald Trump's protectionist policies such as higher tariffs, and policies against immigration, could be a curve ball for global trade

Interest rate cut cycle to pause if Trump wins US election 2024: ICICI Sec
Updated On : 06 Nov 2024 | 10:11 AM IST

ICICI Securities Q2FY25 results: Profit surges 25% to Rs 529 crore

ICICI Securities, a part of the ICICI Group, on Tuesday reported a 25 per cent year-on-year growth in profit after tax to Rs 529 crore in three months ended September 2024. In comparison, the company had posted a PAT (profit after tax) of Rs 424 crore in the year-ago period, the brokerage house said in a filing to stock exchanges. Total income rose 37 per cent to Rs 1,707 crore in the July-September quarter of the current financial year (FY25) from Rs 1,249 crore in the same quarter preceding fiscal. The surge in total income was driven by revenues from the broking and distribution business. Shares of ICICI Securities settled 0.71 per cent lower at Rs 844 on the BSE.

ICICI Securities Q2FY25 results: Profit surges 25% to Rs 529 crore
Updated On : 22 Oct 2024 | 3:49 PM IST

ICICI Securities slides over 3% as NCLT approves delisting plans; details

ICICI Securities share price dipped as much as 3.42 per cent to Rs 837.65 per share on the BSE in Thursday's early morning trade

ICICI Securities slides over 3% as NCLT approves delisting plans; details
Updated On : 10 Oct 2024 | 10:21 AM IST

NCLT Ahmedabad approves delisting ICICI Securities from stock exchanges

The NCLT Ahmedabad bench, led by justice Shammi Khan, while approving the scheme, dismissed two applications objecting to the scheme of delisting

NCLT Ahmedabad approves delisting ICICI Securities from stock exchanges
Updated On : 09 Oct 2024 | 8:12 PM IST

Stocks To Watch: ICICI Securities, Nazara, NTPC, AB Capital, Tata Power

NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).

Stocks To Watch: ICICI Securities, Nazara, NTPC, AB Capital, Tata Power
Updated On : 19 Sep 2024 | 7:46 AM IST

Quantum Mutual Fund moves NCLAT against delisting of ICICI Securities

ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold, as per the approved scheme

Quantum Mutual Fund moves NCLAT against delisting of ICICI Securities
Updated On : 18 Sep 2024 | 11:26 PM IST

ICICI Bank's market cap tops Rs 9 trillion; stock hits new high

In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.

ICICI Bank's market cap tops Rs 9 trillion; stock hits new high
Updated On : 18 Sep 2024 | 11:21 PM IST

PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale

PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment

PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale
Updated On : 17 Sep 2024 | 11:59 AM IST

PVR Inox ready for rerating, says ICICI Securities; ups share target price

PVR Inox share price today: ICICI Securities' new target price on PVR Inox reflects around 41 per cent upside from the stock's Thursday's closing price

PVR Inox ready for rerating, says ICICI Securities; ups share target price
Updated On : 13 Sep 2024 | 12:05 PM IST

Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress

Congress leader Pawan Khera accuses Buch of receiving remuneration not only from the government but also from ICICI Bank and ICICI Prudential.

Conflict of interest: Buch drew salary from ICICI while at Sebi, says Congress
Updated On : 02 Sep 2024 | 1:04 PM IST

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger

Facing an unprecedented attack on its credibility, the last thing that the SEBI would want is to give the impression that while all M&A is equal, some transactions are more equal than others

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger
Updated On : 02 Sep 2024 | 7:54 AM IST

ICICI Securities settles matter with Sebi on alleged non-compliance

The broking outfit agreed to pay Rs 69.82 lakh for settling the charges

ICICI Securities settles matter with Sebi on alleged non-compliance
Updated On : 21 Aug 2024 | 10:13 PM IST

NCLT approves delisting of ICICI Securities; firm's shares see major drop

ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold as per the approved scheme

NCLT approves delisting of ICICI Securities; firm's shares see major drop
Updated On : 21 Aug 2024 | 8:13 PM IST

ICICI Securities pays Rs 69.82 lakh to Sebi, set to delist from markets

ICICI Securities resolves Sebi case with Rs 69.82 lakh settlement, concurrently gains NCLT approval for delisting despite some objections from minority shareholders

ICICI Securities pays Rs 69.82 lakh to Sebi, set to delist from markets
Updated On : 21 Aug 2024 | 2:09 PM IST

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%
Updated On : 20 Aug 2024 | 3:38 PM IST

Akums Drugs and Pharmaceuticals sets IPO price band at Rs 646-679 per share

Contract manufacturer Akums Drugs plans expansion; targets higher margins

Akums Drugs and Pharmaceuticals sets IPO price band at Rs 646-679 per share
Updated On : 25 Jul 2024 | 7:19 PM IST

Luxury furniture brand Stanley Lifestyles IPO subscribed over 96 times

The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed a whopping 96.25 times on the last day of subscription on Tuesday. The Rs 537 crore initial share-sale received bids for 98,56,97,520 shares against 1,02,41,507 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched 222.10 times subscription while the quota for non-institutional investors got subscribed 118.65 times. The quota for Retail Individual Investors (RIIs) attracted 18.13 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity shares. The initial share-sale has a price range of Rs 351-369 per share. The IPO of Stanley Lifestyles got subscribed 1.43 times on the first day of subscription on Friday. Stanley Lifestyles on Thursday said it raised a little over Rs 161 crore from anchor investors. The net proceeds from the fresh issue to the tune of Rs 90.13 crore

Luxury furniture brand Stanley Lifestyles IPO subscribed over 96 times
Updated On : 26 Jun 2024 | 12:16 AM IST

Mkt regulator Sebi's warning to ICICI Bank over ICICI Securities delisting

Shareholders of the brokerage firm complained that bank officials sought screenshots and influenced them to vote in favour

Mkt regulator Sebi's warning to ICICI Bank over ICICI Securities delisting
Updated On : 06 Jun 2024 | 11:12 PM IST

Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting

ICICI Securities, a subsidiary of ICICI Bank, had secured a shareholder nod in March for the delisting

Sebi warns ICICI Bank over investor outreach for ICICI Securities delisting
Updated On : 06 Jun 2024 | 5:57 PM IST