This week’s performance of SBI and ICICI Bank provides insights into two major players in the Indian banking sector. Here’s a breakdown of their stock movement and key financial metrics.
| Metrics | SBI | ICICI Bank |
|---|---|---|
| Weekly Change | +3.32% | -1.55% |
| Closing Price (Nov 8) | ₹841.10 | ₹1,259.00 |
| Market Cap | ₹7.52 Trillion | ₹8.88 Trillion |
| P/E Ratio | 11.06 | 19.01 |
| Dividend Yield | 1.63% | 0.79% |
| Year Range | ₹555.15 – ₹912.00 | ₹914.75 – ₹1,362.35 |
Highlights:
- SBI had a strong week with a 3.32% increase, closing at ₹841.10. The day range on November 8 was ₹834.20 to ₹863.50.
- ICICI Bank saw a 1.55% decline, ending at ₹1,259.00, with a day range of ₹1,252.70 to ₹1,275.00.
- SBI’s lower P/E ratio of 11.06 and higher dividend yield of 1.63% could attract value investors, while ICICI Bank’s market cap remains higher at ₹8.88 trillion.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to perform their own research or consult with a financial advisor before making any investment decisions.
