ICICI Bank slips after Q1 results

ICICI Bank fell 0.24% to Rs 1,486 at 13:54 IST on BSE after net profit rose 16.76% to Rs 2655.30 crore on 13.26% increase in total income to Rs 14616.71 crore in Q1 June 2014 over Q1 June 2013.

The result was announced during trading hours today, 31 July 2014.

Meanwhile, the BSE Sensex was down 71.19 points, or 0.27%, to 26,016.23.

On BSE, so far 2.07 lakh shares were traded in the counter, compared with an average volume of 2.36 lakh shares in the past one quarter.

The stock hit a high of Rs 1,505 and a low of Rs 1,481.95 so far during the day. The stock hit a record high of Rs 1,590.35 on 16 May 2014. The stock hit a 52-week low of Rs 758.80 on 28 August 2013.

The stock had outperformed the market over the past one month till 30 July 2014, rising 5.01% compared with 2.65% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 19.66% as against Sensex's 16.37% rise.

The large-cap company has an equity capital of Rs 1156.43 crore. Face value per share is Rs 10.

ICICI Bank is a leading private sector bank in India.

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