ICICI Bank Ltd Analyst Rating
based on 40 analysts
90.00%
Buy
10.00%
Hold
0.00%
Sell
Based on 40 analysts offering long term price targets for ICICI Bank Ltd. An average target of ₹1464.7
Source: S&P Global Market Intelligence
ICICI Bank Ltd Share analysis
ICICI Bank Ltd price forecast by 40 analysts
Upside of17.26%
High
₹1650
Target
₹1464.70
Low
₹1170
ICICI Bank Ltd target price ₹1464.7, a slight upside of 17.26% compared to current price of ₹1249.1. According to 40 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
ICICI Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
ICICI Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:14.52%
Forecast
Actual
Source: S&P Global Market Intelligence
ICICI Bank Ltd Performance
Day's Low
Day's High
₹1,240.85₹1,26152 Week's Low
52 Week's High
₹914.75₹1,362.35
| Returns % | |
| 1 Month Return | -0.79 % |
| 3 Month Return | + 5.91 % |
| 1 Year Return | + 35.56 % |
| Market Stats | |
| Previous Close | ₹1,253.45 |
| Open | ₹1,257.05 |
| Volume | 1.15Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,81,260.75Cr |
ICICI Bank Ltd Key Statistics
| P/E Ratio | 18.52 |
| PEG Ratio | 1.87 |
| Market Cap | ₹8,81,260.75 Cr |
| P/B Ratio | 3.27 |
| EPS | 64.08 |
| Dividend Yield | 0.91 |
| Sector | Banks |
| ROE | 18.89 |
ICICI Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹8,81,260.75 Cr | 30.47% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹77,914.89 Cr | -6.39% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹27,001.49 Cr | -13.62% | NA | NA | NA | |
| BUY | ₹3,50,854.03 Cr | 10.29% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹13,31,590.25 Cr | 7.36% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
About ICICI Bank Ltd
ICICI Bank has a robust international presence, operating in over 15 countries, including the United States, the United Kingdom, Canada, and Singapore. The bank has several subsidiaries, such as ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Securities, and ICICI Bank Canada, providing specialized services in insurance, brokerage, and banking. A notable fact about ICICI Bank is its pioneering role in digital banking in India, being one of the first banks to introduce internet banking in the country. The bank continues to focus on innovation and expansion, enhancing its global footprint and product offerings.
Share Price: ₹1249.10 per share as on 19 Nov, 2024 04:01 PM
Market Capitalisation: ₹8,81,260.75Cr as of today
Revenue: ₹72,987.74Cr as on September 2024 (Q3 24)
Net Profit: ₹12,947.77Cr as on September 2024 (Q3 24)
Listing date: 17 Sep, 1997
Chairperson Name: Girish Chandra Chaturvedi
| Organisation | ICICI Bank Ltd |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for ICICI Bank Ltd
ICICI Bank Revises Credit Card Rewards and Policies - 20 Nov, 2024
ICICI Bank has updated its credit card rewards system, imposing new spending limits for utility, insurance, and grocery transactions, along with changes to lounge access eligibility and fees for supplementary cards. The bank will also charge a fuel surcharge on transactions exceeding Rs 50,000 per month, limiting incentives for various spending categories.
ICICI Bank Reports Strong Growth in Q2FY25 - 19 Nov, 2024
ICICI Bank's Q2FY25 results show a 14.5% YoY profit increase to ₹11,746 crore, with strong growth in net interest income and improved asset quality.
ICICI Bank Faces Court Scrutiny Amid Policy Changes - 18 Nov, 2024
ICICI Bank has updated its credit card policies, introducing new caps and fees effective November 15, 2024. Additionally, the Supreme Court criticized the bank for failing to comply with a court order regarding NewsClick's account de-freezing.
ICICI Bank Gains Market Cap Amid Strong Earnings - 14 Nov, 2024
ICICI Bank has been recognized as a Domestic Systemically Important Bank by RBI, while its shares rose 0.42%, reflecting strong earnings performance despite slowed deposit growth.
ICICI Bank Updates Credit Rules and CBI Findings - 13 Nov, 2024
ICICI Bank is set to implement new credit card rules, while the CBI found no wrongdoing in the NDTV loan case. Additionally, the RBI classified ICICI as a systemically important bank, requiring extra capital buffers. Rate cut expectations may be delayed until April due to global economic factors.
Morgan Stanley Optimistic on ICICI Bank's Growth Potential - 12 Nov, 2024
Morgan Stanley has raised its target price for ICICI Bank to ₹1,650, citing strong performance and growth potential. The bank leads Nifty Bank gains, with expectations of further re-rating. Additionally, ICICI Bank announced revised credit card rules effective November 15, 2024, impacting transaction fees.
ICICI Bank Reports Earnings Amid Stock Decline - 09 Nov, 2024
ICICI Bank's stock declined by 1.55% to ₹1,259.00. Despite this, the bank reported a 14% YoY increase in PAT and strong credit growth of 15%.
Favorable Outlook for Indian Banks, Including ICICI - 06 Nov, 2024
Jefferies highlights a favorable risk-reward ratio for Indian banks, including ICICI Bank, noting a 35% discount to Nifty and strong earnings growth potential for fiscal 2024-2026.
ICICI Bank Faces Drop Amid Strong Earnings Growth - 05 Nov, 2024
ICICI Bank faced a significant drop contributing to Nifty's decline, despite reporting a 15% YoY PAT growth and a strong performance over the past year.
ICICI Bank Shares Decline Amid Market Caution - 04 Nov, 2024
ICICI Bank shares fell nearly 2% amid cautious broader market sentiment. The stock traded at a high of ₹1,291.80 and a low of ₹1,274.45, reflecting significant volatility.
ICICI Bank Receives Positive Analyst Ratings and Updates - 01 Nov, 2024
ICICI Bank is set to revamp its credit card structure. Analysts recommend buying the stock, with targets set at Rs 1380 and Rs 1400.
ICICI Bank Reports Strong Earnings Growth - 31 Oct, 2024
ICICI Bank posted a 15% year-on-year growth in net earnings, supported by a diverse portfolio. Analysts set a target price of Rs 1400, suggesting a potential upside of 12%.
ICICI Bank Shows Strong Performance and Growth Potential - 30 Oct, 2024
ICICI Bank's unsecured loan growth has slowed, but the introduction of the iPal bot enhances customer service. Analysts remain bullish, raising target prices and maintaining buy ratings due to strong financial performance.
ICICI Bank Reports Strong Q2 Growth Amid Changes - 29 Oct, 2024
ICICI Bank demonstrates strong performance with a 14.5% profit increase in Q2 FY2025. The stock shows bullish potential, with analysts maintaining a 'Buy' rating and price targets. Recent changes to credit card fees and allegations against Buch add complexity to the narrative.
ICICI Bank Reports Strong Q2, Analysts Upgrade Targets - 28 Oct, 2024
ICICI Bank's Q2 FY25 results exceeded expectations, with a 14.5% YoY profit increase. Brokerages responded with buy ratings and target price hikes, reflecting confidence in the bank's performance amidst sector challenges.
ICICI Bank Reports Strong Quarterly Profit Growth - 27 Oct, 2024
ICICI Bank announced a record net profit of Rs 11,746 crore for the September quarter, up 14.5% year-on-year. Net interest income rose 9.5%, and asset quality improved with lower NPAs.
ICICI Bank Q2 Profit Surges, Exceeds Expectations - 26 Oct, 2024
ICICI Bank's Q2 FY25 net profit rose 14.5% to Rs 11,746 crore, driven by strong loan growth and improved asset quality, surpassing analyst expectations.
ICICI Bank Set for Q2 Earnings Announcement - 25 Oct, 2024
ICICI Bank is scheduled to announce its Q2 FY25 earnings on October 26, with analysts anticipating strong results driven by healthy loan growth and stable asset quality.
ICICI Bank Q2 Preview Shows Strong Growth Prospects - 24 Oct, 2024
ICICI Bank is expected to report a 7% YoY net profit growth in Q2 FY25, driven by strong loan and deposit growth. Analysts suggest buying the stock for potential gains above Rs 1,300, reflecting positive momentum in the market.
ICICI Bank's Q2 Expectations and Clarifications - 23 Oct, 2024
ICICI Bank's Q2 results are anticipated to show growth in net interest income and profit after tax. Analysts recommend buying shares, while the bank clarifies its payment to SEBI Chairperson post-retirement.
Insights on ICICI Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 67.32K Cr → 72.98K Cr (in ₹), with an average increase of 7.8% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 36.60% to 37.28% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ICICIBANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 10 quarters, 7.38K Cr → 12.94K Cr (in ₹), with an average increase of 6.0% per quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 42.4% return, outperforming this stock by 6.9%
NEGATIVE IMPACTPrice Dip
In the last 1 month, ICICIBANK stock has moved down by -0.8%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 23.49% to 23.10% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 7.69% to 7.54% in Sep 2024 quarter
News
12 smallcap stocks that mutual funds exited in October: Here’s a breakup
The fund house completely exited three stocks in October. HDFC Mutual Fund sold Global Health, Angel One, and Reliance Power. HDFC Mutual Fund20 Nov, 2024 10:52 AMFeeling sore after workout? New study reveals eating almonds regularly may improve recovery after exercise
Snacking on two ounces (57g) of almonds for eight weeks modestly reduced pain ratings, helped maintain muscle strength, and reduced muscle damage after exercise, the researchers found.20 Nov, 2024 03:46 PMAustria Life and Non-Life Insurance Market Size, Trends and Industry Growth Forecast to 2032
A Latest intelligence report published by DiMarket with title Austria Life and Non Life Insurance Market Outlook to 2032 A detailed study accumulated to offer Latest insights about acute features of t20 Nov, 2024 05:21 PMICICI Bank Ltd Financials
Index Inclusions
ICICI Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 37.28% | 1.88 | |
| Mutual Funds | 23.1% | ||
| Retail Investors | 7.54% | ||
| Others | 32.08% |
ICICI Bank Ltd Key Indicators
ICICI Bank Ltd Valuation
ICICI Bank Ltd in the last 5 years
Lowest (15.80x)
October 26, 2023
Industry (15.21x)
November 19, 2024
Today (18.52x)
November 19, 2024
Highest (66.71x)
June 27, 2019
ICICI Bank Ltd Earnings and Dividends
ICICI Bank Ltd Earnings Results
ICICI Bank Ltd’s net profit jumped 18.83% since last year same period to ₹12,947.77Cr in the Q2 2024-2025. On a quarterly growth basis, ICICI Bank Ltd has generated 10.7% jump in its net profits since last 3-months.
Read More about Earnings ResultsICICI Bank Ltd Dividends April,2024
In the quarter ending March 2024, ICICI Bank Ltd has declared dividend of ₹10 - translating a dividend yield of 0.80%.
Read More about Dividends
ICICI Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
ICICI Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
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ICICI Bank Ltd (ICICIBANK) share price today is ₹1249.1
ICICI Bank Ltd is listed on NSE
ICICI Bank Ltd is listed on BSE
- Today’s highest price of ICICI Bank Ltd is ₹1261.
- Today’s lowest price of ICICI Bank Ltd is ₹1240.85.
PE Ratio of ICICI Bank Ltd is 18.52
PE ratio = ICICI Bank Ltd Market price per share / ICICI Bank Ltd Earnings per share
Today’s traded volume of ICICI Bank Ltd(ICICIBANK) is 1.15Cr.
Today’s market capitalisation of ICICI Bank Ltd(ICICIBANK) is ₹881260.75Cr.
| ICICI Bank Ltd(ICICIBANK | Price |
|---|---|
52 Week High | ₹1362.35 |
52 Week Low | ₹914.75 |
ICICI Bank Ltd(ICICIBANK) share price is ₹1249.1. It is down -8.31% from its 52 Week High price of ₹1362.35
ICICI Bank Ltd(ICICIBANK) share price is ₹1249.1. It is up 36.55% from its 52 Week Low price of ₹914.75
| ICICI Bank Ltd(ICICIBANK | Returns |
|---|---|
1 Day Returns | -4.35% |
1 Month Returns | -0.79% |
3 Month Returns | 5.91% |
1 Year Returns | 35.56% |