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ICICI Bank rises on inking MoU with Ola to bring innovative solutions

ICICI Bank Ltd. | Bank - Private | BFSI | BSE: 532174 | NSE: ICICIBANK

10 Jan 2018 Evaluate

ICICI Bank is currently trading at Rs. 312.50, up by 0.35 points or 0.11% from its previous closing of Rs. 312.15 on the BSE.

The scrip opened at Rs. 312.50 and has touched a high and low of Rs. 315.80 and Rs. 312.00 respectively. So far 7,018 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 332.30 on 17-Nov-2017 and a 52 week low of Rs. 232.25 on 23-Jan-2017.

Last one week high and low of the scrip stood at Rs. 318.45 and Rs. 311.00 respectively. The current market cap of the company is Rs. 2,00,699.91 crore.

The Institutions and Non-Institutions held 88.47% and 11.54% respectively in the bank.

ICICI Bank has signed a Memorandum of Understanding (MoU) with Ola, India’s largest and most popular mobile app for transportation, to bring forth a range of integrated offers to their customers and driver-partners. Through this alliance, Ola booking facility will be available on ICICI Bank’s mobile banking platforms.

Besides, the bank will offer a ‘Pay Direct’ card for Ola’s driver-partners. With this, Ola’s auto and cab driver-partners will be able to get their daily earnings directly into their ‘Pay Direct’ card accounts. Additionally, driver partners can also swipe this card at merchant outlets for their purchases.

The bank will also launch a new co-branded credit card in association with Ola. Using this card, customers will witness an enhanced experience through several offers such as cashbacks and accelerated reward points.

ICICI Bank is engaged in 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 etc.

ICICI Bank Share Price

1347.50 2.05 (0.15%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	799.90
ICICI Bank	1347.50
Axis Bank	1359.15
Kotak Mahindra Bank	383.50
Indusind Bank	853.15
View more..

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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ICICI Bank rises on inking MoU with Ola to bring innovative solutions

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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