|Bid||0.00 x 0|
|Ask||351.90 x 0|
|Day's Range||349.15 - 354.05|
|52 Week Range||256.50 - 375.30|
|Beta (3Y Monthly)||1.47|
|PE Ratio (TTM)||29.59|
|Forward Dividend & Yield||1.50 (0.43%)|
|1y Target Est||393.43|
Before we spend days researching a stock idea we’d like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 8.7% through October 26th. Forty percent of the S&P 500 constituents were down more than 10%. The average return of a randomly picked stock […]
The election results so far show the ruling BJP (Bharatiya Janata Party) trailing in two states and facing a nail-biting battle in another state. While Indian equity markets (INDA) started the day on a weak note, they closed with gains today. In another development, the Indian government appointed a new head of the central bank (IBN) (HDB) after the existing governor abruptly resigned.
In this article, we’ll see how analysts are rating the leading Indian banks. ICICI Bank (IBN) has received “strong buy” ratings from 19 analysts, while 22 have “buy” ratings on its stock. Two analysts have rated the stock as a “hold” or some equivalent, while the remaining analyst polled by Thomson Reuters on December 7 has rated IBN as a “strong sell.”
India (INDA) ranks among the world’s major oil importers. The country runs a big crude oil import bill, which, coupled with its massive trade deficit with China (FXI), has been a consistent drag on its current account.
The election results for five Indian states are scheduled to be released on December 11. Three of these states were among the key contributors to Prime Minister Narendra Modi’s victory in the 2014 general election.
ICICI Bank Limited (NSE:ICICIBANK) is a large-cap stock operating in the financial services sector with a market cap of ₹2.3t. As major financial institutions return to health after the Global Read More...
As contagion from worries over global growth and trade friction pushes Asian equity, bond and currency markets deeper into bear territory, fund managers are hunting for bargains in Chinese and Indian equities and high-yielding Asian dollar bonds. A cocktail of negative factors has driven MSCI's broadest index of Asia-Pacific shares outside Japan down 15.5 percent so far this year. Currencies from emerging markets whose economies are vulnerable on the current account have come under pressure.
ICICI Bank (IBN) reports lower profits in second-quarter fiscal 2019 due to fall in provisions and higher interest income.
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India's third-largest bank by assets said net profit came in at 9.09 billion rupees ($124 million) for the three months ended Sept. 30, compared with 20.58 billion rupees a year earlier. Analysts had forecast a second-quarter profit of 9.98 billion rupees, according to Refinitiv data. ICICI said second-quarter profit was partly hit by a 10.6 percent rise in operating expenses to 43.24 billion rupees.
Let’s talk about the popular ICICI Bank Limited (NSE:ICICIBANK). The company’s shares saw a decent share price growth in the teens level on the NSEI over the last few months. Read More...
MUMBAI/BENGALURU (Reuters) - ICICI Bank Ltd chief Chanda Kochhar, who has been mired in controversy for months, resigned on Thursday after seeking an early retirement and will be replaced by Sandeep Bakhshi, the Indian private lender said. Kochhar is the third high-profile woman banker in India to step down in recent months, following Arundhati Bhattacharya who retired from the State Bank of India a year ago and Shikha Sharma who is set to exit after almost ten years atop Axis Bank in December.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning about how toRead More...
Investors in ICICI Bank (IBN) need to pay close attention to the stock based on moves in the options market lately.
(Reuters) - Indian shares climbed to record closing highs on Monday, led by strong gains in heavyweights Reliance Industries Ltd and ICICI Bank Ltd, while investor focus turned to a central bank policy ...
BENGALURU/NEW DELHI (Reuters) - ICICI Bank Ltd, the third-biggest Indian lender by assets, reported its first quarterly net loss in at least 16 years, hurt by higher provisions for bad loans and bond losses. The results come amid uncertainty about the bank's long-serving Chief Executive Chanda Kochhar, who is on leave pending the completion of a probe into alleged nepotism charges against her. While more than 86 percent of India's $150 billion worth of non-performing loans at the end of March was with the dominant state-backed lenders, ICICI accounts for the biggest chunk of bad loans among the private sector banks.
As a large-cap stock with market capitalization of ₹1.88t, ICICI Bank Limited (NSE:ICICIBANK) falls into the category of a major bank. As these large financial institutions revert back to healthRead More...
Chanda Kochhar, the chief executive officer of India’s second-biggest lender, has left the building, and her new deputy should waste no time in letting stakeholders know who the real boss is: It’s him. Investors and commentators like me have been hoping since early April that ICICI Bank Ltd.’s board would remove the CEO to save the lender’s reputation. ICICI’s directors, however, had painted themselves into a corner by a premature defense of their CEO, who was feted just months ago as one of India’s top female bankers and a role model.
Chanda Kochhar, chief executive officer of ICICI Bank Ltd. will be going on leave as a panel appointed by the lender probes allegations against her. Bloomberg's Anto Antony reports on "Bloomberg Markets: ...
India's ICICI Bank named group veteran Sandeep Bakhshi as its interim head, and said Chief Executive Chanda Kochhar would go on leave pending the completion of a probe over an alleged conflict of interest that has led to months of controversy for the lender. Bakhshi, who currently heads ICICI's life insurance arm, will take up a newly created position of chief operating officer at the bank for a five-year term beginning June 19, pending regulatory approvals, the bank said in a statement late on Monday.
One of India’s most celebrated bankers, Chanda Kochhar, has been in the eye of the storm in the last few months. Kochhar, the managing director and chief executive officer (CEO) of ICICI Bank, the country’s second-largest private sector lender, has faced allegations of nepotism and favouritism in loan disbursal to NuPower Renewables, a firm founded…