ICICI Bank has reached a significant milestone by crossing ₹9 lakh crore in market capitalization for the first time ever, marking a new high in the bank’s stock performance. At 2:31 PM, the bank’s stock was trading at ₹1,291.95, reflecting an increase of ₹23.85 or 1.88%.
Stock Price Movement:
- Opening Price: ₹1,262.00
- Day’s High: ₹1,295.35
- Day’s Low: ₹1,262.00
- Previous Close: ₹1,268.10
This upward trajectory has been part of a larger trend, with the stock surging by ₹116.35 (9.89%) over the past month and an impressive ₹302.05 (30.50%) over the past year.
ICICI Bank’s remarkable rise reflects growing investor confidence in the bank’s performance and outlook, driven by strong financial fundamentals and consistent growth in its key business areas. As one of India’s leading private sector banks, ICICI Bank’s market cap milestone is seen as a significant achievement, positioning it among the top financial institutions in the country.
