ICICI Securities surges 14%, hits new 52-wk high; stock up 38% in 2 months

The stock hit an all-time high of Rs 463 on April 2018 on the BSE

Shares of ICICI Securities climbed 14 per cent to hit a 52-week high of Rs 415.15 on the BSE on Friday amid expectation of earnings improvement going forward.

The counter has seen huge activities with trading volumes rose more than two-fold today. A combined 766,750 equity shares had changed hands on the NSE and BSE till 10:14 am. In comparison, the S&P BSE Sensex was up 0.46 per cent at 41,354 points.

In the past two months, the stock has rallied 38 per cent after the company reported a consolidated net profit of Rs 135 crore in September