SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ICICI Bank surges on launching ‘SMART EMI’ for car enthusiasts

28 Nov 2019 Evaluate

ICICI Bank is currently trading at Rs. 514.80, up by 9.15 points or 1.82% from its previous closing of Rs. 505.65 on the BSE.

The scrip opened at Rs. 508.60 and has touched a high and low of Rs. 515.90 and Rs. 508.15 respectively. So far 344883 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 517.50 on 26-Nov-2019 and a 52 week low of Rs. 335.90 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 517.50 and Rs. 491.70 respectively. The current market cap of the company is Rs. 332854.28 crore.

The Institutions holding in the company stood at 88.90% and Non-Institutions held 11.10%.

ICICI Bank has launched an innovative equated monthly installment (EMI) facility, in association with TranzLease, which enables customers to drive a new car home at lower cost and higher convenience. Termed as ‘SMART EMI’, this next-gen auto loan takes care of the insurance and maintenance requirement of the vehicle during the financing period.

The amount of ‘SMART EMI’ is much lower than regular car loan EMI as the estimated resale value of the car is deducted upfront. 

ICICI Bank is India’s largest private sector bank by consolidated assets. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms.

ICICI Bank Share Price

1379.70 -8.05 (-0.58%)
30-Jun-2026 11:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 795.25
ICICI Bank 1379.70
Axis Bank 1355.10
Kotak Mahindra Bank 393.20
Indusind Bank 929.40
View more..

About MoneyWorks4Me

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.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: