Stock market news: ICICI Bank shares gains over 2%

Stock market news: ICICI Bank shares gains over 2%
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Synopsis

Shares of ICICI Bank Ltd. traded 2.26 per cent up in trade at 12:23PM on Friday.

The shares quoted a 52-week high of Rs 552.2 and a 52-week low of Rs 268.3.

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NEW DELHI: Shares of ICICI Bank Ltd. traded 2.26 per cent up in Friday's trade at 12:23PM (IST). Around 455780 shares changed hands on the counter. The stock opened at Rs 338.1 and touched an intraday high and low of Rs 344.0 and Rs 336.55, respectively, in the session so far.

The stock quoted a 52-week high of Rs 552.2 and a 52-week low of Rs 268.3.

Financials
ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 233995.76 Crore).

ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 57551.11 Crore to Sales Value (76.94 per cent of Total Sales), Income From Investment which contributed Rs 14673.21 Crore to Sales Value (19.61 per cent of Total Sales), Interest which contributed Rs 1891.85 Crore to Sales Value (2.52 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 682.15 Crore to Sales Value (0.91 per cent of Total Sales)for the year ending 31-Mar-2020.

Valuation ratio
It quoted a price-to-earnings ratio of 23.03 and price to book value of 1.75.

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