ICICI Share Updates: If you are also an ICICI Bank customer then there is good news for you. Private sector ICICI Bank has created history. Indeed, ICICI Bank has joined the elite club with a market capitalization of Rs 6 lakh crore. ICICI Bank has surpassed the milestone of a market capitalization of Rs. 6 lakh crore, moving up to the sixth position in terms of size. In such a situation, by increasing the profit of the bank, the customers will also get the benefit of it.
Bank created history
Significantly, in the last two months, there has been a tremendous rise in the stock of ICICI Bank. One of the major reasons for the rise in ICICI Bank’s stock is its impressive quarterly results. The bank earned Rs 6905 crore in profits during the first quarter of 2022–23. ICICI stock has jumped 26 percent in two months. Not only this, the share of ICICI Bank rose by 2 percent to Rs 866.80 in today’s trading session. Its shares closed at Rs 860 after a day’s trading.
6th largest company by market capitalization
Let us tell you that ICICI Bank is now the sixth largest company in terms of market capitalization. Apart from this, Reliance Industries is first with Rs 17.52 lakh crore, TCS with Rs 12.52 lakh crore, HDFC Bank with Rs 8.26 lakh crore, Infosys fourth with Rs 6.81 lakh crore, Hindustan Unilever with Rs 6.13 lakh crore. Is. On the other hand, ICICI Bank is in the sixth position with Rs 5.98 lakh crore. Accordingly, ICICI has gained tremendous momentum. ICICI stands out among private banks in a unique way. Customers will likely benefit greatly from the company’s growth in the future, which is having an impact on its stock.
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