ICICI Securities hits new low; falls 19% in one week on weak Q3 results

The stock was down for the fifth straight trading day, at Rs 223, down 2 per cent on Monday, its lowest level since listing on April 4, 2018.

Shares of ICICI Securities were trading under pressure for the fifth straight trading session, hitting a new low of Rs 223, down 2 per cent on BSE, after the company reported a weak set of numbers for December quarter (Q3FY19). The stock of a part of the ICICI Group and a leading investment services firm in India was trading at its lowest level since listing on April 4, 2018.

In the past week, post Q3 results, ICICI Securities has dipped 19 per cent after it reported a 34 per cent year-on-year (YoY) fall in consolidated net profit at Rs