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ICICI Bank gains on increasing stake in India International Exchange

  • bitnet infotech
  • August 21, 2020
  • 9:34 am

ICICI Bank is currently trading at Rs. 370.55, up by 2.65 points or 0.72% from its previous closing of Rs. 367.90 on the BSE.

The scrip opened at Rs. 369.55 and has touched a high and low of Rs. 371.55 and Rs. 367.10 respectively. So far 1192294 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 552.40 on 30-Dec-2019 and a 52 week low of Rs. 269.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 375.70 and Rs. 354.45 respectively. The current market cap of the company is Rs. 254139.29 crore.

The Institutions holding in the company stood at 88.72%, and Non-Institutions held at 10.87% respectively.

ICICI Bank has acquired further stake in India International Exchange (India INX). The lender acquired 4.46 crore shares at Re 1 per share for a total consideration of Rs 4.46 crore. Post the acquisition, ICICI Bank’s stake in India INX will increase to 9.9 per cent from 7.7 per cent.

ICICI Bank is a leading private sector bank in India.

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