Stock market news: ICICI Bank shares gain nearly 2%

NEW DELHI: Shares of ICICI Bank Ltd. traded 1.67 per cent up in Friday's trade at 10:03AM (IST). Around 537633 shares changed hands on the counter. The stock opened at Rs 394.0 and touched an intraday high and low of Rs 402.5 and Rs 393.25, 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.

Financials
ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 277367.89 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets).

ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 57551.11 Crore to Sales Value (76.94 % of Total Sales), Income From Investment which contributed Rs 14673.21 Crore to Sales Value (19.61 % of Total Sales), Interest which contributed Rs 1891.85 Crore to Sales Value (2.52 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 682.15 Crore to Sales Value (0.91 % of Total Sales)for the year ending 31-Mar-2020.

Valuation ratio
It quoted a price-to-earnings ratio of 27.27 and price to book value of 2.01.