ICICI shares gain over 6%
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New Delhi : Shares of ICICI bank on Monday gained over 6 per cent after the company reported a nearly four-fold jump in its March quarter consolidated profit.
The stock jumped 6.11 per cent to Rs 604.90 on BSE. On NSE, shares of the company gained 6.23 per cent to Rs 605.50.
ICICI bank on Saturday reported a nearly four-fold jump in its March quarter consolidated profit to Rs 4,886 crore as against Rs 1,251 crore in the year ago period, and spoke of calibrating growth in the near term given the second wave of Covid-19 infections.
The second largest private sector lender, which reported more than three-fold jump in its standalone net at Rs 4,402 crore, said that things will be better in the next two months and exuded confidence of having a strong balance-sheet to deliver consistent returns.
