ICICI Bank is currently trading at Rs. 388.35, up by 2.15 points or 0.56% from its previous closing of Rs. 386.20 on the BSE.
The scrip opened at Rs. 387.00 and has touched a high and low of Rs. 391.50 and Rs. 384.95 respectively. So far 881960 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. 391.50 and Rs. 362.55 respectively. The current market cap of the company is Rs. 267827.79 crore.
The Institutions and Non-Institutions held 88.72% and 10.87%, stake in the Bank respectively.
ICICI Bank is deploying satellite data to power farm credit assessment, which it claims will reduce the cost for both farmers as well as the lender. The bank has been piloting the project in a few select villages for the past two years and is extending the same to 500 villages in Maharashtra, Madhya Pradesh, and Gujarat now. The bank is using readily available satellite images from ISRO and NASA for the purpose and plans to scale up to 63,000 villages in the next three months.
ICICI Bank is a leading private sector bank in India.