Trending stocks: ICICI Bank shares down nearly 1%

Shares of ICICI Bank Ltd. traded 0.59 per cent down in trade at 09:48AM on Wednesday.

BCCL

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

NEW DELHI: Shares of ICICI Bank Ltd. traded -0.59 per cent down in Wednesday's trade at 09:48AM (IST). Around 354253 shares changed hands on the counter. The stock opened at Rs 378.7 and touched an intraday high and low of Rs 378.7 and Rs 373.25, 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.

The country's second largest private sector lender has decided to reward over 80,000 of its frontline employees with a salary hike of up to 8 per cent, PTI said citing sources on Tuesday. These employees form over 80 per cent of its overall workforce and the decision has been taken in recognition of the services rendered during the COVID-19 pandemic, the report said.


Financials
ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 234300.54 Crore).


ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 47942.62 Crore to Sales Value (75.61 % of Total Sales), Income From Investment which contributed Rs 12796.88 Crore to Sales Value (20.18 % of Total Sales) and Interest which contributed Rs 1925.60 Crore to Sales Value (3.03 % of Total Sales)for the year ending 31-Mar-2019.
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Valuation ratio
It quoted a price-to-earnings ratio of 25.44 and price to book value of 2.01.
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