Is ICICI Bank Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, ICICI Bank Limited pays dividends. Last time was Saturday 28th of September 2024 where the investors holding the stock on Monday 12th of August 2024 were paid INR10 per share. Over the last 24 times between 2003 and 2024, ICICI Bank Limited has paid INR193.27273 with an average of INR8.05 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for ICICI Bank Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR395.45, you would have made a profit of INR812.70 per share or 205.51%
Yes, the average daily trading liquidity for ICICI Bank Limited is INR15.50 million. You should therefore be able to get in and out of your positions relatively fast.
ICICI Bank Limited has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. ICICI Bank Limited has a very good net profit margin of 24.35% and should have very high tolerances against inflation.
We have calculated the inflation risk for ICICI Bank Limited to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.