1:5 Sub-Division: Top Bank Schedules Dividend Meet, Buy Call Assigned At TP Of Rs 1230: Motilal Oswal

Leading private sector bank ICICI Bank Ltd will hold its meeting of Board of Directors on April 27, 2024 to consider dividend and financial results for the year ending March 31, 2024. Last trading price of ICICI Bank shares on BSE is Rs 1090.10 per share with intraday gain of 0.73%. The esteemed bank has a market capitalisation of Rs 7,65,409.98 crore. The ROE of ICICI Bank is 18.19 and PE is 19.46. ICICI Bank share gained 9% year-to-date and offered return of 178% in last 5-years. Check details below:

ICICI Bank To Consider Dividend, Financial Results: As per the regulatory filing of the company dated March 22, 2024, "meeting of Board of Directors of the Bank is scheduled to be held on Saturday, April 27, 2024 to, inter alia, consider and approve the audited financial results (standalone and consolidated) for the quarter and year ending March 31, 2024 and recommendation of dividend, if any, for the year ending March 31, 2024."

ICICI Bank Shares Performance & Return: The 52-week high price of ICICI Bank on BSE is Rs 1113.35 per share and 52-week low price is Rs 844.25 per share, respectively. ICICI Bank stock offered return of 27% in last 1-year, gave return of 52% in last 2-years, and gave return of 90% in last 3-yers span. The stock offered maximum return of 401% in last 10-years.

Motilal Oswal Assigns Buy Call: The leading brokerage firm has assigned buy rating to ICICI Bank shares and sees potential upside of 12.83% in the shares of the bank. The analyst has given a target price of Rs 1230.00 per share.

ICICI Bank Stock Split History: ICICI Bank split the face value 1 time since December 4, 2014. ICICI Bank last split the face value of its shares from Rs 10 to Rs 2 in 2014. The share traded ex-split on December 4, 2014.

ICICI Bank Bonus Share History: ICICI Bank offered 1 bonus since June 20, 2017. The last Bonus that ICICI Bank declared was in the ratio 1:10 with ex-date of June 20, 2017, according to Trendlyne.

About: ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. Until the late 1980s, ICICI primarily focused its activities on project finance, providing long-term funds to a variety of industrial projects, according to its official website.

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