Stock Price of ICICI Bank Limited (IBN) Decreases -0.23%

ICICI Bank Limiteds in-depth stock price analysis indicates that the stock price has rallied 9.54% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 15.65% . Looking at the past 52 week period, the stock price is up at 55.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of ICICI Bank Limited has a positive value of 4.61 compared to overall market. ICICI Bank Limited (NYSE:IBN) has tumbled 0.23% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 8.14% in the last four weeks. The stocks have underperformed the S&P 500 by 1.04% during the past week but ICICI Bank Limited (NYSE:IBN) it has outperformed the index in 4 weeks by 6.21%.

ICICI Bank Limited (NYSE:IBN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.82% at $8.5 with 4,260,016 shares getting traded. Post opening the session at $8.45, the shares hit an intraday low of $8.405 and an intraday high of $8.525 and the price was in this range throughout the day. The company has a market cap of $24,731 million and the number of outstanding shares has been calculated to be 2,909,488,100 shares. The 52-week high of ICICI Bank Limited (NYSE:IBN) is $8.8 and the 52-week low is $5.15.

ICICI Bank offers a wide range of banking products and services to corporate and retail customers through a variety of delivery channels.

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