ICICI Bank Ltd.

BSE: 532174 | NSE: ICICIBANK
Large Cap | Bank - Private
1264.80
-12.90 (-1.01%)
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ICICI Bank rises on mopping up 100 million Swiss Francs through bond issue

Date: 12-12-2012

ICICI Bank is currently trading at Rs. 1124.95, up by 2.55 points or 0.23% from its previous closing of Rs. 1122.40 on the BSE.

The scrip opened at Rs. 1125.00 and has touched a high and low of Rs. 1132.40 and Rs. 1114.05 respectively. So far 159071 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1149.00 on 11-Dec-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. 1149.00 and Rs. 1101.60 respectively. The current market cap of the company is Rs. 129255.88 crore.

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

ICICI Bank, India’s largest private sector bank, has raised 100 million Swiss Francs through a seven-year bond issue. The bonds have been rated ‘Baa2/stable’ by Moody’s and ‘BBB-/negative’ by Standard & Poor’s.

The bond was priced at coupon and re-offer yield of 2.75%. This is the first Swiss franc (CHF) issue in seven-year maturity by an Indian borrower.

The bank has posted a rise of 30.13% in its net profit at Rs 1956.11 crore for the quarter ended September 30, 2012 as compared to Rs 1503.19 crore for the same quarter in the previous year. Total income has increased by 21.95% at Rs 12069.30 crore for quarter under review as compared to Rs 9897.17 crore for the quarter ended September 30, 2011.