23 Oct 2023

ICICI Bank gains on reporting 36% rise in Q2 consolidated net profit

ICICI Bank is currently trading at Rs. 939.95, up by 7.50 points or 0.80% from its previous closing of Rs. 932.45 on the BSE.

The scrip opened at Rs. 944.70 and has touched a high and low of Rs. 944.80 and Rs. 938.35 respectively. So far 78380 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1008.70 on 24-Jul-2023 and a 52 week low of Rs. 796.10 on 30-Jan-2023.

Last one week high and low of the scrip stood at Rs. 960.75 and Rs. 930.50 respectively. The current market cap of the company is Rs. 659596.07 crore.

The Institutions holding in the company stood at 89.90%, while Non-Institutions held 10.10% in the company.  

ICICI Bank has reported 35.77% rise in its net profit at Rs 10,261.00 crore for second quarter ended September 30, 2023 as compared to Rs 7,557.84 crore for the same quarter in the previous year. Total income of the bank increased by 30.91% at Rs 40,697.07 crore for Q2FY24 as compared Rs 31,087.91 crore for the corresponding quarter previous year.

On consolidated basis, the bank has reported 36.08% rise in its net profit at Rs 10,896.13 crore for Q2FY24 as compared to Rs 8,006.99 crore for the same quarter in the previous year. Total income of the bank increased by 26.81% at Rs 57,292.26 crore for Q2FY24 as compared Rs 45,178.22 crore for the corresponding quarter previous year.