ICICI Bank Limited (IBN) : Zacks Investment Research ranks ICICI Bank Limited (IBN) as 4, which is a Sell recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 2 research analysts is 1, which indicates as a Strong Buy.
Shares of ICICI Bank Ltd. appreciated by 1.37% during the last five trading days but lost 5.85% on a 4-week basis. ICICI Bank Ltd. is up 12.26% in the last 3-month period. Year-to-Date the stock performance stands at -3.51%. ICICI Bank Limited (NYSE:IBN): stock turned positive on Tuesday. Though the stock opened at $7.42, the bulls momentum made the stock top out at $7.47 level for the day. The stock recorded a low of $7.39 and closed the trading day at $7.4, in the green by 0.41%. The total traded volume for the day was 5,116,807. The stock had closed at $7.37 in the previous days trading.
ICICI Bank Limited is a banking company. The Bank is a financial services group providing a range of banking and financial services including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. Its operating segments include Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance and Others. Retail banking includes exposures of the Bank, which satisfy the criteria of orientation, product, granularity and low value of individual exposures for retail exposures laid down in Basel Committee on Banking Supervision document International Convergence of Capital Measurement and Capital Standards: A Revised Framework. Wholesale banking includes all advances of the Bank to trusts, partnership firms, companies and statutory bodies. Treasury includes the entire investment and derivative portfolio of the Bank.