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 ₹1464.72
Source: S&P Global Market Intelligence
ICICI Bank Ltd Share analysis
ICICI Bank Ltd price forecast by 40 analysts
Upside of13.82%
High
₹1650
Target
₹1464.72
Low
₹1170
ICICI Bank Ltd target price ₹1464.72, a slight upside of 13.82% compared to current price of ₹1288.4. 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, FY2026:14.39%
Forecast
Actual
Source: S&P Global Market Intelligence
ICICI Bank Ltd Performance
Day's Low
Day's High
₹1,272.4Day's Price Range₹1,297.7552 Week's Low
52 Week's High
₹970.1552-Week Price Range₹1,362.35
| Returns % | |
| 1 Month Return | + 2.91 % |
| 3 Month Return | -2.65 % |
| 1 Year Return | + 28.13 % |
| Market Stats | |
| Previous Close | ₹1,286.90 |
| Open | ₹1,283.95 |
| Volume | 5.85Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,27,464.87Cr |
ICICI Bank Ltd Key Statistics
| P/E Ratio | 19.08 |
| PEG Ratio | 1.93 |
| Market Cap | ₹9,27,464.87 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 | ₹9,27,464.87 Cr | 27.55% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹75,194.07 Cr | -7.11% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹26,411.87 Cr | -13.52% | NA | NA | NA | |
| BUY | ₹3,47,314.92 Cr | 9.84% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹13,84,256.77 Cr | 7.54% | 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: ₹1288.40 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹9,27,464.87Cr 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 Launches Virtual Property Exhibition - 20 Dec, 2024
ICICI Bank announced 'Home Utsav', a virtual exhibition showcasing over 350 property projects with exclusive benefits for buyers, enhancing convenience in home purchasing.ICICI Bank Launches Premium Card, Receives Buy Rating - 19 Dec, 2024
ICICI Bank has launched the Times Black Credit Card for affluent customers and received a 'Buy' rating from Citi, targeting ₹1,600/share, highlighting stable growth in key banking segments.ICICI Bank Receives Positive Rating Amid Market Challenges - 18 Dec, 2024
ICICI Bank has been rated a 'BUY' by StoxBox, highlighting its improved asset quality and potential for significant price appreciation. Despite market pressures, the bank's performance remains strong, with a notable profit increase in Q2 FY2025.ICICI Bank Reports Profit Rise and Stock Rally - 17 Dec, 2024
ICICI Bank's stock has rallied over 20% in six months, supported by a 14.5% YoY profit increase for Q2FY25 and a declining GNPA ratio.ICICI Bank Divests Stake in Merchant Services - 13 Dec, 2024
ICICI Bank's board approved the sale of a 19% stake in ICICI Merchant Services to First Data Holdings, generating Rs 160-190 crore. The transaction is expected to finalize by June 30, 2025, streamlining the bank's operations.Motilal Oswal Recommends Buy on ICICI Bank - 12 Dec, 2024
Motilal Oswal has reiterated a Buy rating on ICICI Bank, targeting Rs 1,550, driven by robust loan growth, strong asset quality, and favorable deposit inflows. The bank is well-positioned for profitable growth despite potential margin pressures due to rate cuts.ICICI Bank Updates: Stock Movement and New Partnerships - 11 Dec, 2024
ICICI Bank Ltd experienced a slight decline in stock price while announcing a partnership with Commonwealth Bank of Australia. Additionally, a forecast on bond yields was provided, indicating potential easing by the RBI.Court Authorizes Monetization of Assets in PNB Fraud Case - 10 Dec, 2024
The PMLA court in Mumbai has authorized the monetization of ₹2,565.9 crore in properties linked to the Mehul Choksi PNB fraud case, aiding restitution to Punjab National Bank and ICICI Bank.ICICI Bank Scheduled Maintenance Affects RTGS Transactions - 09 Dec, 2024
ICICI Bank has announced a scheduled maintenance period affecting RTGS transactions from 11:55 PM on December 14, 2024, until 06:00 AM on December 15, 2024. During this time, both incoming and outgoing transactions will be delayed.ICICI Bank Challenges Viability of Jaiprakash Associates Scheme - 08 Dec, 2024
ICICI Bank contends that the financial situation of Jaiprakash Associates Limited has changed since 2017, making the original scheme unviable. The bank argues that the consent given for the scheme cannot prevent its rejection based on current circumstances.ICICI Bank Sees Potential Rate Cuts and Market Movements - 06 Dec, 2024
ICICI Bank's stock experienced minor fluctuations amid discussions of a potential RBI repo rate cut and positive outlook from Morgan Stanley. The bank's shares closed slightly lower, but intraday gains were noted. Analysts predict a significant boost to Net Interest Income if the CRR is reduced.ICICI Bank Under GST Scrutiny Amid Search Operations - 05 Dec, 2024
On December 4, 2024, Maharashtra GST officials conducted searches at three ICICI Bank offices. The bank is cooperating fully with the investigation, which may impact market sentiment.ICICI Bank Withdraws Consent Due to Scheme Conditions - 04 Dec, 2024
ICICI Bank's counsel argued for the withdrawal of consent to a scheme, citing a material change in circumstances due to the cancellation of a land parcel and unmet conditions by JAL.Increased Phishing Threats Target ICICI Bank Customers - 03 Dec, 2024
Phishing attacks aimed at mobile customers of ICICI Bank and other major banks have surged, raising concerns about customer security and data protection.Intraday Trading Recommendation for ICICI Bank Shares - 02 Dec, 2024
Nooresh Merani has recommended ICICI Bank shares for intraday trading, setting a target price of Rs 1400 and a stop loss at Rs 1270.ICICI Bank Faces GST Demand Orders from States - 29 Nov, 2024
ICICI Bank Limited received GST demand orders from Bihar and Maharashtra, totaling over INR 189 crore, related to alleged violations of the CGST Act.ICICI Bank Market Cap Rises Amid Steady Performance - 28 Nov, 2024
On November 28, 2024, ICICI Bank's market capitalization increased by Rs 555 crore, closing at Rs 1,306.25. Despite some fluctuations, the bank maintains a strong position in the private banking sector.ICICI Bank Shares Rise, Market Cap Increases Significantly - 25 Nov, 2024
On November 25, 2024, ICICI Bank shares increased by 2.34%, boosting its market capitalization by Rs. 21,062 crore. The bank continues to show strong fundamentals despite some growth dips.ICICI Bank Reports Strong Growth and Performance - 23 Nov, 2024
ICICI Bank demonstrates strong financial performance with significant increases in interest income and net profit for FY24. Analysts project continued growth with a target price of Rs 2050.ICICI Bank Shares Rise, Market Cap Gains Significantly - 22 Nov, 2024
ICICI Bank shares increased by 1.73% to Rs 1,272.20, resulting in a market cap gain of Rs 15,241 crore, now totaling Rs 8,97,632.77 crore. The stock opened at Rs 1,258.00 and reached an intraday high of Rs 1,279.65, reflecting strong investor confidence in the private banking sector.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 36.60% to 37.28% in Sep 2024 quarter
- 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
- POSITIVE IMPACT
Revenue 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
Best in 1 Year
In the last 1 year, ICICIBANK has outperformed top 5 stocks with highest market-cap in Banks
NO EFFECTAgainst Peers
In the last 3 years, State Bank of India has given 86.6% return, outperforming this stock by 1.5%
NEGATIVE IMPACTMF 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
- NEGATIVE IMPACT
Price Dip
In the last 7 days, ICICIBANK stock has moved down by -1.1%
News
Outlook 2025: Bandhan Bank and Market Insights
I would be very excited about names like Eicher Motors at this price, and also Hero MotoCorp. I do not see any reason for any downsides from here. Eicher is a very strong long-term big call that I am taking where this stock should do exceptionally well with a three- to five-year view of pure play on aspirations on the upgrading part.20 Dec, 2024 08:30 AMBrokerage Radar: Latest Calls on LIC Housing, DLF, and More
TVS & Honda Gain Big On YoY & MoM Market Share; Hero Loses The Most.18 Dec, 2024 08:14 AMAnalyst Call Tracker: Hero MotoCorp, Eicher see most upgrades, but Tata Motors faces heat
Royal Enfield continues to dominate the more than 250 cc segment in India, bolstered by regular new launches such as the Guerilla 450 and Classic 650. The brand has also ventured into the EV market with its Flying Flea brand, showcasing models slated for release in early 2026. With a growing focus on export markets and expanding assembly operations, Royal Enfield is poised for significant growth, with an estimated addressable export market of 10 lakh units compared to 80,000 units in FY24. With new launches on the horizon and ongoing progress in the EV space, Royal Enfields long-term growth prospects within Eicher Motors remain strong, said analysts at ICICI Securities. Jefferies also highlighted that Royal Enfield volumes have shown signs of picking up, and expected it to be a key beneficiary of the two-wheeler premiumisation trend. Factoring these in, Jefferies estimated that the toughest phase of competition for Eicher Motors is behind, prompting it to retain its buy call on the stock. Analysts also maintained that the shift in management strategy to focus more on growth rather than margins will help the company perform better in the coming quarters.11 Dec, 2024 04:03 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 (15.85x)
December 19, 2024
Today (19.08x)
December 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 0.78%.
Read More about Dividends
ICICI Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
ICICI Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
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ICICI Bank Ltd (ICICIBANK) share price today is ₹1288.4
ICICI Bank Ltd is listed on NSE
ICICI Bank Ltd is listed on BSE
- Today’s highest price of ICICI Bank Ltd is ₹1297.75.
- Today’s lowest price of ICICI Bank Ltd is ₹1272.4.
PE Ratio of ICICI Bank Ltd is 19.08
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 5.85Cr.
Today’s market capitalisation of ICICI Bank Ltd(ICICIBANK) is ₹927464.87Cr.
| ICICI Bank Ltd(ICICIBANK | Price |
|---|---|
52 Week High | ₹1362.35 |
52 Week Low | ₹970.15 |
ICICI Bank Ltd(ICICIBANK) share price is ₹1288.4. It is down -5.43% from its 52 Week High price of ₹1362.35
ICICI Bank Ltd(ICICIBANK) share price is ₹1288.4. It is up 32.80% from its 52 Week Low price of ₹970.15
| ICICI Bank Ltd(ICICIBANK | Returns |
|---|---|
1 Day Returns | 1.5% |
1 Month Returns | 2.91% |
3 Month Returns | -2.65% |
1 Year Returns | 28.13% |