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How to buy ICICI Bank stock | $14.86

Own ICICI Bank stock in just a few minutes.

Fact checked

ICICI Bank Limited is a banks-regional business based in the US. ICICI Bank shares (IBN) are listed on the NYSE and all prices are listed in US Dollars. ICICI Bank employs 131,232 staff and has a market cap (total outstanding shares value) of USD$47.6 billion.

How to buy shares in ICICI Bank

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for ICICI Bank. Find the stock by name or ticker symbol: IBN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until ICICI Bank reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$14.86, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of ICICI Bank, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of ICICI Bank. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

ICICI Bank share price

Use our graph to track the performance of IBN stocks over time.

ICICI Bank shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$14.86
52-week rangeUSD$6.86 - USD$15.42
50-day moving average USD$13.5327
200-day moving average USD$10.9458
Wall St. target priceUSD$17.2
PE ratio 40.2012
Dividend yield USD$0.03 (0.28%)
Earnings per share (TTM) USD$0.348

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy ICICI Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

ICICI Bank price performance over time

Historical closes compared with the close of $14.86 from 2020-12-31

1 week (2021-01-07) -0.20%
1 month (2020-12-17) 5.54%
3 months (2020-10-16) 35.58%
6 months (2020-07-16) 60.48%
1 year (2020-01-16) -0.73%
2 years (2019-01-16) 40.59%
3 years (2018-01-16) 41.39%
5 years (2016-01-15) 129.32%

Is ICICI Bank under- or over-valued?

Valuing ICICI Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ICICI Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

ICICI Bank's P/E ratio

ICICI Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, ICICI Bank shares trade at around 40x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

ICICI Bank financials

Gross profit TTM USD$901 billion
Return on assets TTM 1.14%
Return on equity TTM 11.3%
Profit margin 15.19%
Book value $5.032
Market capitalisation USD$47.6 billion

TTM: trailing 12 months

Shorting ICICI Bank shares

There are currently 24.9 million ICICI Bank shares held short by investors – that's known as ICICI Bank's "short interest". This figure is 41.4% up from 17.6 million last month.

There are a few different ways that this level of interest in shorting ICICI Bank shares can be evaluated.

ICICI Bank's "short interest ratio" (SIR)

ICICI Bank's "short interest ratio" (SIR) is the quantity of ICICI Bank shares currently shorted divided by the average quantity of ICICI Bank shares traded daily (recently around 9.0 million). ICICI Bank's SIR currently stands at 2.76. In other words for every 100,000 ICICI Bank shares traded daily on the market, roughly 2760 shares are currently held short.

However ICICI Bank's short interest can also be evaluated against the total number of ICICI Bank shares, or, against the total number of tradable ICICI Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case ICICI Bank's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 ICICI Bank shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable ICICI Bank shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against ICICI Bank.

Find out more about how you can short ICICI Bank stock.

ICICI Bank share dividends

We're not expecting ICICI Bank to pay a dividend over the next 12 months.

Have ICICI Bank's shares ever split?

ICICI Bank's shares were split on a 11:10 basis on 19 June 2017. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your ICICI Bank shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for ICICI Bank shares which in turn could have impacted ICICI Bank's share price.

ICICI Bank share price volatility

Over the last 12 months, ICICI Bank's shares have ranged in value from as little as $6.86 up to $15.42. A popular way to gauge a stock's volatility is its "beta".

IBN.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while ICICI Bank's is 1.1445. This would suggest that ICICI Bank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

ICICI Bank overview

ICICI Bank Limited provides various banking products and financial services in India and internationally. It operates in Retail Banking, Wholesale Banking, Treasury, and Others Banking segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits. It also provides home, car, two wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, such as working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and secured loans for credit card swipes, as well as loans for new entities, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, and initial public offerings, as well as other online investment services; and farmer finance, tractor loans, and micro banking services, as well as other services to agri traders and processors, and agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, and pension fund management services. As of March 31, 2020, it had a network of 5,324 branches, 15,688 ATMs, 1,638 insta-banking kiosks, 483,538 POS terminals, and 1,791 cash acceptance machines. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India.

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