ICICI Bank Ltd.

ICICI Bank is currently trading at Rs. 1047.25, up by 1.90 points or 0.18% from its previous closing of Rs. 1045.35 on the BSE.

The scrip opened at Rs. 1047.00 and has touched a high and low of Rs. 1048.80 and Rs. 1032.45 respectively. So far 145239 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1098.00 on 05-Oct-2012 and a 52 week low of Rs. 641.00 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1073.80 and Rs. 1032.45 respectively. The current market cap of the company is Rs. 120252.59 crore.

The Institutions and Non-Institutions held 61.78% and 9.28% stake in the company, respectively.

ICICI Bank, country’s largest public sector lender has inked pact with Ecobank Transnational Incorporated, Africa, by entering into a memorandum of understanding (MoU). Both the banks aim to extend banking services across their combined footprint in India and Africa. The deal is expected to leverage their combined expertise, strong local knowledge and corporate relationships to support Indo-African businesses.

Recently, bank has acquired around 5.36% stake in IL&FS Engineering and Construction Company, earlier known as Maytas Infra, through the CDR mechanism. ICICI, which already held 1.50% in the company, acquired the shares post restructuring through the CDR mechanism.