ICICI Bank fell 0.52% to ₹1,404.60, holding a 5% year-to-date gain. Analysts call it a top private bank pick, citing 14% EPS growth. Alpha Score 57.
ICICI Bank shares edged lower Wednesday morning, falling 0.52% to ₹1,404.60 on the NSE by 10:05 a.m. The stock opened at ₹1,412, touched a high of ₹1,416, then slid to an intraday low of ₹1,403.10.
Traded volume reached 11.12 lakh shares with a value of ₹156.56 crore. The bank's market capitalisation stood at roughly ₹10.08 lakh crore, making it one of India's two largest private lenders by that measure.
Unlike peer HDFC Bank, ICICI has held its longer-term performance. The stock is up nearly 5% year-to-date and has returned over 47% in three years, outpacing the Nifty 50's 24.79% gain over the same stretch. Its 52-week range runs from ₹1,187.60 (April 2026) to ₹1,480 (July 20, 2026).
The stock trades at a price-to-earnings ratio of 18.07, a premium analysts attribute to stronger earnings growth. They have flagged ICICI as a top pick among private banks, forecasting a 14% compounded annual EPS growth rate through FY26-28.
The broader private banking sector has faced selling pressure over net interest margin compression. Analysts said that focus is misplaced. FCNB inflows, while dilutive to margins by 3-15 basis points, add 1-9% to after-tax profit, they noted.
Annualised volatility stood at 23.31%.
ICICI Bank carries an Alpha Score of 57 out of 100 at AlphaScala, rated Moderate. HDFC Bank's Alpha Score is 40, rated Mixed. Both stocks are in the Financial Services sector. For more details, see the IBN stock page.
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