ICICI Bank (NYSE:IBN) Stock, Quote.Headers.trade-ideas

ICICI Bank

ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, Other Banking Business, and Others. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Geographical segments include Domestic operations and Foreign operations. The company generates the majority of its revenue from the domestic operations.

Photo: Courtesy of Scott Beale on Flickr

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Why Core &amp; Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

ICICI Bank Ltd

SPDR Bloomberg International Corporate Bond ETF

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer said no to Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), adding that he likes Danaher Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>).
Illumina will issue results for the second quarter after the <a href="https://www.benzinga.com/quote/ILMN/earnings">closing bell on Tuesday, Aug. 6</a>.
The &#8220;Mad Money&#8221; host recommended buying some Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) stock &#8220;right here,&#8221; and buy some &#8220;in case the stock breaks 40.&#8221;
&#8220;I think this company is selling very inexpensively, and it's a good one,&#8221; he added.
On July 24, the bank's board authorized a $25 billion stock repurchase program starting Aug. 1, replacing the existing program set to expire on that date. It also raised the quarterly cash dividend to 26 cents per share, up 2 cents from the previous quarter.
Cramer said Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) is a &#8220;solar play that is a very good company. It's up a huge amount versus a lot of other stocks.&#8221; He recommends buying some, holding on to it, and not selling it.
On June 24, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/602e68e6d522ea000117865e/david-arcaro">Morgan Stanley analyst David Arcaro</a> maintained Constellation Energy with an Overweight rating and boosted the price target from $237 to $241.
When asked about Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), he said, &#8220;I think the problem with Meta right now is it's gone up so much that people are selling Meta to buy a lot of stuff in the small, medium-sized range.&#8221;
On July 26, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/580607ae846faa000106ab43/laura-martin">Needham analyst Laura Martin</a> reiterated Meta Platforms with an Underperform rating.
ICICI Bank Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) is a great way to get exposure to India, Cramer said.
When asked about Organon &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGN#NYSE">OGN</a>), he said, &#8220;Pfizer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), Organon. These are companies that are just kind of quietly going higher. And I have to admit, that one's probably not done.&#8221;
Organon will release its second-quarter financial results before the opening bell on Aug. 6.
Price Action:
<ul>
<li>Illumina shares rose 0.9% to settle at $121.56 on Monday.</li>
<li>Bank of America shares fell 1.4% to settle at $41.09.</li>
<li>Constellation Energy fell 1.4% to close at $172.68 during Monday's session.</li>
<li>Meta shares settled at $465.71 on Monday.</li>
<li>ICICI Bank shares gained 0.1% to settle at $28.78 on Monday.</li>
<li>Organon shares gained 1.3% to close at $22.48 on Monday. </li>
</ul>
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Jim Cramer Says No To This Health Care Stock, Recommends Holding On To Constellation Energy: 'It's Up A Huge Amount'

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 5 years by 4.35% on an annualized basis producing an average annual return of 17.51%. Currently, ICICI Bank has a market capitalization of $92.83 billion. 
Buying $100 In IBN: If an investor had bought $100 of IBN stock 5 years ago, it would be worth $221.66 today based on a price of $26.40 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718137826_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning ICICI Bank Stock In The Last 5 Years

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares lost 29.59% after the return of Keith Gill, a.k.a <a href="https://www.benzinga.com//node/39237023">Roaring Kitty&#8217;s livestream disappointed</a>.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) shares are down 14.78%.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares fell 12.82% following worse-than-<a href="https://www.benzinga.com//node/39202678" target="_blank" rel="noreferrer noopener">expected Q1 earnings</a>.</li>
<li>Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) shares tumbled 12% after the <a href="https://www.benzinga.com//node/39160023" target="_blank" rel="noreferrer noopener">company reported Q1 earnings</a>.</li>
<li>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) shares declined 11.92%.</li>
<li>Vertiv Holdings, LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) shares declined 9.70%.</li>
<li>Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) shares lost 9.42% in the last week.</li>
<li>E.L.F. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) shares fell 8.82%.</li>
<li>NICE Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) shares tumbled 8.29% last week, continuing its decline on <a href="https://www.benzinga.com//node/38866576">Q1 financial results</a>.</li>
<li>Comfort Systems USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>) stock fell 8.12% in the last week.</li>
<li>Dell Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) 7.53% continued its fall in the last week following <a href="https://www.benzinga.com//node/39108319">its Q1 earnings</a>.</li>
</ol>
Photo Courtesy 1take1shot On Shutterstock.com
Also Read: <a href="https://www.benzinga.com/news/24/06/39243287/arm-and-boeing-were-among-10-large-cap-stocks-that-shined-the-brightest-last-week-june-1-june-7-2024">Arm And Boeing Were Among 10 Large Cap Stocks That Shined The Brightest Last Week (June 1-June 7, 2024): Are They In Your Portfolio?</a>

WIIM

Shares of US-listed Indian companies are trading higher after falling on Tuesday amid election results.

Shares of Core &amp; Main Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) fell sharply during Tuesday's session after the company reported <a href="https://www.benzinga.com/quote/CNM/earnings">mixed first-quarter financial results.</a>
Core &amp; Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Core &amp; Main shares dipped 11.4% to $49.77 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>MicroAlgo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi.</li>
<li>Sobr Safe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) surged 112% to $0.56 after the company announced SOBRsure device purchases from two new customers.</li>
<li>Annexon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNX#NASDAQ">ANNX</a>) climbed 40% to $6.44 after the company&#8217;s Phase 3 trial of ANX005 met its primary endpoint.</li>
<li>WiMi Hologram Cloud Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) shares gained 37.3% to $1.18 after the company announced that the company and MicroAlgo will jointly establish a micro-consciousness quantum research center.</li>
<li>Core Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) shares rose 29% to $6.28. Core Scientific announced the signing of a series of 12-year contracts with CoreWeave, the AI Hyperscaler.</li>
<li>Oblong Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) gained 25% to $0.32 after the company announced that it signed a non-binding letter of intent to acquire Dwellwell Analytics.</li>
<li>Captivision Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPT#NASDAQ">CAPT</a>) shares climbed 22.7% to $4.16 after dipping 28% on Monday.</li>
<li>Marin Software Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRIN#NASDAQ">MRIN</a>) gained 21.2% to $2.97. Marin Software announced expanded Amazon integration to unlock channel for all advertisers.</li>
<li>Moving Image Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MITQ#NYSE">MITQ</a>) gained 20.2% to $0.67.</li>
<li>Alset Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEI#NASDAQ">AEI</a>) shares climbed 19.4% to $1.23</li>
<li>CareCloud Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCLD#NASDAQ">CCLD</a>) shares gained 18.2% to $3.54.</li>
<li>Saia Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) shares climbed 12.3% to $452.00 after the company reported an 18% increase in LTL shipments per workday in April.</li>
<li>Terawulf Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) gained 12% to $2.30 after the company issued May 2024 production and operations update.</li>
<li>SINTX Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SINT#NASDAQ">SINT</a>) gained 11.8% to $7.28.</li>
<li>Zai Lab Ltd – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) shares rose 9.9% to $19.78.</li>
<li>Hillevax Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLVX#NASDAQ">HLVX</a>) gained 9.7% to $13.60.</li>
<li>Agenus Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) shares rose 9.3% to $18.55.</li>
<li>SkyWest Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYW#NASDAQ">SKYW</a>) gained 5.6% to $83.87.</li>
<li>Forward Air Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>) gained 3.9% to $17.88.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>ENDRA Life Sciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDRA#NASDAQ">NDRA</a>) shares fell 66.4% to $0.073 after the company announced pricing of $8.0 million public offering.</li>
<li>Avalon Globocare Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALBT#NASDAQ">ALBT</a>) shares fell 30.9% to $0.85 after surging 317% on Monday.</li>
<li>Equillium Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQ#NASDAQ">EQ</a>) fell 25.2% to $1.10 after the company announced topline data from its Phase 2 study of EQ101 in alopecia areata.</li>
<li>JIADE Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JDZG#NASDAQ">JDZG</a>) fell 21.3% to $9.81.</li>
<li>Designer Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) shares fell 20.5% to $8.79 following first-quarter earnings.</li>
<li>MingZhu Logistics Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGMZ#NASDAQ">YGMZ</a>) shares fell 17.5% to $0.38. MingZhu Logistics Holdings shares jumped 32% on Monday after the company announced an agreement to acquire Oxylus Global.</li>
<li>Humacyte Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>) shares declined 17.1% to $6.11.</li>
<li>NewGenIvf Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) shares fell 16.8% to $1.15. On Monday, NewGenIvf signed a non-binding $617.34 million deal for potential reverse merger with pharma company COVIRIX.</li>
<li>GCT Semiconductor Holding Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCTS#NYSE">GCTS</a>) shares declined 14.6% to $3.92</li>
<li>CalAmp Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAMP#NASDAQ">CAMP</a>) shares declined 14% to $0.87. CalAmp recently entered into a restructuring support agreement to take the company private and has voluntarily initiated proceedings under Chapter 11 of the United States Bankruptcy Code.</li>
<li>Nuscale Power Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) shares fell 12.2% to $6.70.</li>
<li>Amarin Corporation plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRN#NASDAQ">AMRN</a>) shares declined 12% to $0.75 after the company announced that it appointed Aaron Berg as President and CEO.</li>
<li>Cibus Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBUS#NASDAQ">CBUS</a>) shares declined 11.4% to $11.76.</li>
<li>Ivanhoe Electric Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IE#NYSE">IE</a>) shares fell 10% to $9.73.</li>
<li>Bath &amp; Body Works Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) fell 10.5% to $46.39 after the company reported first-quarter earnings.</li>
<li>ICICI Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) shares declined 10.4% to $25.38 as Indian stocks moved lower amid early results from India&#8217;s general election.</li>
<li>Microbot Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBOT#NASDAQ">MBOT</a>) shares fell 9.4% to $1.25 after jumping 38% on Monday.</li>
<li>Bark Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) shares declined 9.3% to $1.27 after the company reported downbeat financial results for its fourth quarter and issued FY25 revenue guidance below estimates.</li>
<li>HDFC Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDB#NYSE">HDB</a>) declined 9.2% to $55.62 as Indian stocks moved lower amid early results from India&#8217;s general election.</li>
<li>Hywin Holdings Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYW#NASDAQ">HYW</a>) shares fell 9% to $0.61 after jumping 91% on Monday.</li>
<li>Axos Financial Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AX#NYSE">AX</a>) shares fell 8.9% to $47.79 after Short seller Hindenburg Research issued a short report on the stock.</li>
<li>Modine Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOD#NYSE">MOD</a>) shares fell 8.7% to $91.14.</li>
<li>Arch Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) shares declined 8.4% to $164.81.</li>
<li>Dave Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) fell 7.5% to $35.05. Dave announced an extension of its official partnership with the Drew League, Los Angeles&#8217; premiere Pro-Am basketball league.</li>
<li>GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares fell 5.5% to $26.45, pulling back after rallying 21% on Monday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39157476/nvidia-to-rally-around-11-here-are-10-top-analyst-forecasts-for-tuesday">Nvidia To Rally Around 11%? Here Are 10 Top Analyst Forecasts For Tuesday</a>

Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Tuesday.
Shares of Bath &amp; Body Works Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) fell in today's pre-market trading after the company reported <a href="https://www.benzinga.com/quote/BBWI/earnings">first-quarter earnings.</a>
Bath &amp; Body Works posted adjusted earnings of 38 cents per share, beating market estimates of 32 cents per share. The company's quarterly sales came in at $1.38 billion versus expectations of $1.36 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Bath &amp; Body Works shares dipped 7.4% to $48.00 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Lufax Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) shares dipped 51.1% to $2.14 in pre-market trading.</li>
<li>Designer Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) shares fell 9.1% to $10.05 in pre-market trading following first-quarter earnings.</li>
<li>ICICI Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) shares declined 8.7% to $25.85 in pre-market trading as Indian stocks moved lower amid early results from India&#8217;s general election.</li>
<li>HDFC Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDB#NYSE">HDB</a>) declined 7.8% to $56.47 in pre-market trading as Indian stocks moved lower amid early results from India&#8217;s general election.</li>
<li>Lotus Technology Inc – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) shares declined 5.8% to $9.71 in pre-market trading after adding 5% on Monday.</li>
<li>Sibanye Stillwater Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBSW#NYSE">SBSW</a>) shares fell 5.7% to $4.77 in pre-market trading.</li>
<li>Pharming Group N V (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHAR#NASDAQ">PHAR</a>) shares declined 4.9% to $8.78 in pre-market trading.</li>
<li>nVent Electric PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVT#NYSE">NVT</a>) shares fell 4.9% to $75.60 in pre-market trading.</li>
<li>AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) shares fell 4.6% to $4.59 in pre-market trading after gaining 11% on Monday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/06/39152575/donaldson-hewlett-packard-enterprise-and-3-stocks-to-watch-heading-into-tuesday">Donaldson, Hewlett Packard Enterprise And 3 Stocks To Watch Heading Into Tuesday</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

Pre-Market Outlook

PHAR

SBSW

Bath & Body Works, Designer Brands And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

ICICI Bank shares are trading lower as Indian stocks fall amid early results from India's general election

Shares of Healthequity Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQY#NASDAQ">HQY</a>) rose sharply in today's pre-market trading as the company reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/06/39147010/healthequity-stock-climbs-after-better-than-expected-q1-results-strong-forward-guidance">first-quarter financial results</a>.
The company reported quarterly earnings of 80 cents per share which beat the analyst consensus estimate of 66 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. HealthEquity issued strong FY25 earnings guidance and also issued FY25 revenue guidance with its midpoint above expectations.
Healthequity shares jumped 5.9% to $85.98 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>MicroAlgo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) rose 209.5% to $4.83 in today's pre-market trading. WiMi Hologram Cloud and MicroAlgo announced plans to jointly establish a micro-consciousness quantum research center.</li>
<li>Core Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>) shares gained 51.8% to $7.39 in pre-market trading. Core Scientific announced the signing of a series of 12-year contracts with CoreWeave, the AI Hyperscaler.</li>
<li>Annexon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNX#NASDAQ">ANNX</a>) gained 31.2% to $6.01 in pre-market trading. Annexon will host a conference call and webcast on Tuesday at 8:30 a.m. ET to discuss GBS phase 3 data.</li>
<li>Plutonian Acquisition Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTN#NASDAQ">PLTN</a>) gained 29.9% to $8.60 in pre-market trading.</li>
<li>SunLink Health Systems Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSY#NYSE">SSY</a>) shares rose 24.1% to $0.75 in pre-market trading. SunLink Health Systems said its subsidiary, Southern Health Corporation of Houston, Inc., has completed the sale of its Trace Extended Care &amp; Rehab senior care facility and related real estate in Houston, Mississippi.</li>
<li>FibroGen Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) gained 18.6% to $1.46 in pre-market trading after the company announced announced that the FDA cleared its Investigational New Drug of FG-3165. Also, the company announced a clinical trial supply agreement with Regeneron Pharmaceuticals to evaluate FG-3165 and FG-3175 in combination with LIBTAYO.</li>
<li>WiMi Hologram Cloud Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) rose 15.1% to $0.99 in pre-market trading. WiMi Hologram Cloud and MicroAlgo announced plans to jointly establish a micro-consciousness quantum research center.</li>
<li>Captivision Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPT#NASDAQ">CAPT</a>) shares climbed 14.2% to $3.87 in pre-market trading after dipping 28% on Monday.</li>
<li>Lexaria Bioscience Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEXX#NASDAQ">LEXX</a>) shares gained 13.8% to $4.43 in pre-market trading.  </li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Lufax Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) shares declined 51.1% to $2.14 in pre-market trading.</li>
<li>Avalon Globocare Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALBT#NASDAQ">ALBT</a>) shares declined 26.2% to $0.91 in pre-market trading after surging 317% on Monday.</li>
<li>Hywin Holdings Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYW#NASDAQ">HYW</a>) shares dipped 22.7% to $0.52 in pre-market trading after jumping 91% on Monday.</li>
<li>MingZhu Logistics Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGMZ#NASDAQ">YGMZ</a>) shares fell 16.5% to $0.39 in pre-market trading. MingZhu Logistics Holdings shares jumped 32% on Monday after the company announced an agreement to acquire Oxylus Global.</li>
<li>NewGenIvf Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) shares fell 13.8% to $1.19 in pre-market trading. On Monday, NewGenIvf signed a non-binding $617.34 million deal for potential reverse merger with pharma company COVIRIX.</li>
<li>Microbot Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBOT#NASDAQ">MBOT</a>) shares fell 13% to $1.20 in pre-market trading after jumping 38% on Monday.</li>
<li>Sequans Communications SA ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) shares fell 11.9% to $0.60 in pre-market trading after declining around 10% on Monday.</li>
<li>Bark Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) shares declined 10.7% to $1.25 in pre-market trading after the company reported downbeat financial results for its fourth quarter and issued FY25 revenue guidance below estimates.</li>
<li>ICICI Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) shares fell 8.7% to $25.85 in pre-market trading after gaining around 6% on Monday.</li>
<li>HDFC Bank Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HDB#NYSE">HDB</a>) fell 7.8% to $56.47 in pre-market trading after gaining around 6% on Monday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/06/39152576/investor-sentiment-improves-but-dow-falls-over-100-points">Investor Sentiment Improves, But Dow Falls Over 100 Points</a>

FGEN

LEXX

PLTN

SQNS

Why HealthEquity Shares Are Trading Higher; Here Are 20 Stocks Moving Premarket

ICICI Bank shares are trading higher following Q4 earnings.

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 20 years by 3.59% on an annualized basis producing an average annual return of 11.41%. Currently, ICICI Bank has a market capitalization of $91.42 billion. 
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 20 years ago, it would be worth $8,686.59 today based on a price of $26.04 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711567814_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In ICICI Bank 20 Years Ago Would Be Worth Today

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 5 years by 4.66% on an annualized basis producing an average annual return of 17.27%. Currently, ICICI Bank has a market capitalization of $83.01 billion. 
Buying $100 In IBN: If an investor had bought $100 of IBN stock 5 years ago, it would be worth $219.77 today based on a price of $23.67 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1704726014_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 5 years by 4.7% on an annualized basis producing an average annual return of 18.78%. Currently, ICICI Bank has a market capitalization of $84.76 billion. 
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 5 years ago, it would be worth $2,427.86 today based on a price of $24.17 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1703095227_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 10 years by 3.92% on an annualized basis producing an average annual return of 13.54%. Currently, ICICI Bank has a market capitalization of $77.94 billion. 
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 10 years ago, it would be worth $3,465.12 today based on a price of $22.24 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1700586022_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning ICICI Bank Stock In The Last 10 Years

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 20 years by 4.83% on an annualized basis producing an average annual return of 11.94%. Currently, ICICI Bank has a market capitalization of $77.81 billion. 
Buying $100 In IBN: If an investor had bought $100 of IBN stock 20 years ago, it would be worth $937.70 today based on a price of $22.21 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1698775218_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 20 Years Ago Would Be Worth $900 Today

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 15 years by 3.82% on an annualized basis producing an average annual return of 14.46%. Currently, ICICI Bank has a market capitalization of $79.81 billion. 
Buying $100 In IBN: If an investor had bought $100 of IBN stock 15 years ago, it would be worth $723.35 today based on a price of $22.79 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1697470216_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In ICICI Bank 15 Years Ago Would Be Worth This Much Today

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 10 years by 5.24% on an annualized basis producing an average annual return of 14.99%. Currently, ICICI Bank has a market capitalization of $80.19 billion. 
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 10 years ago, it would be worth $4,023.55 today based on a price of $22.91 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1695925817_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Dividends

HALL

ITUB

LPLA

MSCI

SPGI

Shares of banking and financial stocks are trading lower amid overall market weakness with concerns about future rate hikes following yesterday's FOMC statement and lower-than-expected initial jobless claims data.

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 15 years by 2.58% on an annualized basis producing an average annual return of 11.64%. Currently, ICICI Bank has a market capitalization of $83.64 billion. 
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 15 years ago, it would be worth $5,033.42 today based on a price of $23.89 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1694460620_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning ICICI Bank Stock In The Last 15 Years

ICICI Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) has outperformed the market over the past 20 years by 6.3% on an annualized basis producing an average annual return of 14.01%. Currently, ICICI Bank has a market capitalization of $82.11 billion. 
Buying $100 In IBN: If an investor had bought $100 of IBN stock 20 years ago, it would be worth $1,399.46 today based on a price of $23.46 for IBN at the time of writing.
<h3>ICICI Bank's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1693843224_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In ICICI Bank 20 Years Ago Would Be Worth This Much Today

Looking into the current session, ICICI Bank Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBN#NYSE">IBN</a>) shares are trading at $23.41, after a 0.70% decrease. Over the past month, the stock decreased by 3.12%, but over the past year, it actually spiked by 9.26%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2023/1692905480_0.png" alt="Past Year Chart" />

<h3>ICICI Bank P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 29.29 in the Banks industry, ICICI Bank Inc. has a lower P/E ratio of 18.72. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2023/1692905480_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

P/E Ratio Insights for ICICI Bank

Harding Loevner International Equity ADR Q2 2024 Report

Harding Loevner Emerging Markets Equity Q2 2024 Report

Icici Bank (IBN) has released an update. ICICI Bank Limited has announced that the presentation made by the Managing Director & Chief Executive Off...

ICICI Bank AGM Presentation Now Accessible Online

Icici Bank (IBN) has released an update. ICICI Bank has refuted allegations in the media regarding improper payments to Ms. Madhabi Puri Buch, form...

ICICI Bank Clears Air on Ex-Chairperson's Remuneration

Icici Bank (IBN) has released an update. ICICI Bank Limited successfully conducted its Thirtieth Annual General Meeting (AGM) via video conferencin...

ICICI Bank Concludes 30th AGM with Key Decisions

Icici Bank (IBN) has released an update. ICICI Bank Limited has announced the voting results of its Thirtieth Annual General Meeting, directing sha...

ICICI Bank Reports Annual General Meeting Results

Fidelity Emerging Markets Fund Q2 2024 Review

Icici Bank (IBN) has released an update. ICICI Bank has announced to Indian stock exchanges the receipt of a notice from the National Company Law A...

ICICI Bank Notifies Appeal on Shareholder Scheme

American Century Emerging Markets Fund Q2 2024 Commentary

Icici Bank (IBN) has released an update. ICICI Bank Limited has reported an update to Indian stock exchanges regarding a legal appeal by a sharehol...

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ICICI Bank (IBN) Forecast

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