As foreign portfolio investors (FPI) shareholding increased in the quarter end December 2020, ICICI bank share price added over a percent intraday today.
In the December 2020 quarter end foreign portfolio investors (FPIs) shareholding increased to 47.43% from 45.66% in September 2020. Whereas, Mutual Funds (MFs) reduced its stake in the bank to 26.35% from 27.07%.
LIC lowered its stake to 8.4% from 8.87%.
On January 30, 2021 the board of directors of the company will hold a meeting to consider and approve the unaudited financial results for the quarter and nine months ending December 31, 2020.
As on 13:04 ICICI bank was quoting Rs. 550.80, up Rs 4.70 at BSE.
The share touched its 52-week high Rs 561 and 52-week low Rs 269 on 13 January, 2021 and 24 March, 2020, respectively.
Currently, it is trading 1.2% below its 52-week high and 106.04% above its 52-week low.
