Icici Bank Limited Stock Today

IBN Stock  USD 25.97  0.07  0.27%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 38

 
100  
 
Zero
Below Average
ICICI Bank is selling at 25.97 as of the 28th of March 2024; that is 0.27 percent up since the beginning of the trading day. The stock's open price was 25.9. ICICI Bank has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for ICICI Bank Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
ICICI Bank Limited provides various banking products and services in India and internationally. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India. Icici Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 3.51 B outstanding shares of which 27 M shares are currently shorted by investors with about 3.31 days to cover. More on ICICI Bank Limited

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ICICI Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ICICI Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ICICI Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChanda Kochhar
Thematic IdeaPower Assets (View all Themes)
Old NameiBuyNew Group Limited
Business ConcentrationBanking, Banks - Regional, Financial Services, NYSE Composite, Power Assets, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
ICICI Bank Limited (IBN) is traded on New York Stock Exchange in USA. It is located in ICICI Bank Towers, Mumbai, India, 400051 and employs 157,799 people. ICICI Bank is listed under Banking category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 91.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICICI Bank's market, we take the total number of its shares issued and multiply it by ICICI Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ICICI Bank Limited runs under Banks sector within Financials industry. The entity has 3.51 B outstanding shares of which 27 M shares are currently shorted by investors with about 3.31 days to cover. ICICI Bank Limited has about 1.39 T in cash with 581.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 401.43, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ICICI Bank Probability Of Bankruptcy
Ownership Allocation
ICICI Bank secures a total of 3.51 Billion outstanding shares. Roughly 80.0 (percent) of ICICI Bank outstanding shares are held by general public with 0.18 % owned by insiders and only 19.52 pct. by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check ICICI Ownership Details

ICICI Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of ICICI Bank jumping above the current price in 90 days from now is about 14.67%. The ICICI Bank Limited probability density function shows the probability of ICICI Bank stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ICICI Bank has a beta of 0.7197. This usually indicates as returns on the market go up, ICICI Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICICI Bank Limited will be expected to be much smaller as well. Additionally, iCICI Bank Limited has an alpha of 0.0473, implying that it can generate a 0.0473 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 25.97HorizonTargetOdds Above 25.97
85.15%90 days
 25.97 
14.67%
Based on a normal probability distribution, the odds of ICICI Bank to move above the current price in 90 days from now is about 14.67 (This ICICI Bank Limited probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) .

ICICI Bank Limited Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ICICI Bank market risk premium is the additional return an investor will receive from holding ICICI Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ICICI Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ICICI Bank's alpha and beta are two of the key measurements used to evaluate ICICI Bank's performance over the market, the standard measures of volatility play an important role as well.

ICICI Stock Against Markets

Picking the right benchmark for ICICI Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICICI Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICICI Bank is critical whether you are bullish or bearish towards ICICI Bank Limited at a given time. Please also check how ICICI Bank's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ICICI Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ICICI Bank Corporate Directors

ICICI Bank corporate directors refer to members of an ICICI Bank board of directors. The board of directors generally takes responsibility for the ICICI Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ICICI Bank's board members must vote for the resolution. The ICICI Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dileep ChoksiNon-Executive DirectorProfile
Alok TandonGovernment Nominee DirectorProfile
Subramanian MadhavanNon-Executive Independent DirectorProfile
Venkatesan SridarNon-Executive Independent DirectorProfile

How to buy ICICI Stock?

Before investing in ICICI Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ICICI Bank. To buy ICICI Bank stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ICICI Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ICICI Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ICICI Bank Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ICICI Bank Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ICICI Bank Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ICICI Stock please use our How to Invest in ICICI Bank guide.

Already Invested in ICICI Bank Limited?

The danger of trading ICICI Bank Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ICICI Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ICICI Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ICICI Bank Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ICICI Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICICI Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the ICICI Bank Limited information on this page should be used as a complementary analysis to other ICICI Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running ICICI Bank's price analysis, check to measure ICICI Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICICI Bank is operating at the current time. Most of ICICI Bank's value examination focuses on studying past and present price action to predict the probability of ICICI Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICICI Bank's price. Additionally, you may evaluate how the addition of ICICI Bank to your portfolios can decrease your overall portfolio volatility.
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Is ICICI Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICICI Bank. If investors know ICICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICICI Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.