Overview
ICICI Bank Ltd, based in India, operates primarily in the banking and financial services industry. It is India's second-largest private sector bank and boasts a multinational presence in 17 countries. Founded in 1994, it has transformed from a project financing institution to a comprehensive financial services provider. ICICI Bank offers a vast array of banking products and financial services. Through its extensive network of over 6,000 branches and 17,000 ATMs across India, it caters to both individual and corporate clients. This includes everything from savings accounts and loans to investment options and wealth management. Key projects of ICICI Bank include its digital initiatives like iMobile application and Pockets, India's first digital bank.
Basic Stats
The share price of ICICI Bank Limited - Depositary Receipt (Common Stock) as of September 5, 2025 is $31.70 / share. This is an increase of 0.44% from the prior week.
The Factor Analysis chart (below right) shows a view of ICICI Bank Limited - Depositary Receipt (Common Stock) from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 7,136.60 MM |
| Earnings Date | |
| EPS (TTM) | 74.11 |
| Dividend Yield | 0.81 % |
| Ex-Dividend Date | 2025-08-12 |
| Borrow Rate | 0.41 |
| Short Shares Avail. | 10.00 MM |
| Short Interest | 20.22 MM |
| Short Float | |
| Days to Cover | 5.67 days |
| Risk Free Rate | 4.22 % |
| Price Change (1 yr) | 8.91 % |
| Volatility (1 yr) | 0.20 |
| Beta | 0.25 |
| Sharpe Ratio (1 yr) | 0.23 |
| Sortino Ratio (1 yr) | 0.41 |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.02 |
| ROE | 0.18 |
| ROIC | 0.07 |
| CROIC | 0.07 |
| OCROIC | -0.11 |
| Implied Volatility | 14.05 % |
| Put/Call OI Ratio | 0.58 |
| Growth | |
| Profitability | |
| Quality Score | |
| Value Score | |
| Momentum Score | |
| Stability (Low Vol) Score | |
| Analyst Sentiment | |
| Fund Sentiment | |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | |
| QVM Score | |
| Piotroski F-SCORE |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for ICICI Bank Limited - Depositary Receipt (Common Stock) is $39.74. The forecasts range from a low of $33.74 to a high of $45.31. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for ICICI Bank Limited - Depositary Receipt (Common Stock). An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2020-07-27 | Edelweiss | Buy | Maintains | |
| 2020-07-27 | SMC online | Results Update | Maintains | |
| 2020-07-27 | Arihant Capital | Hold | Maintains | |
| 2020-07-27 | B of A Securities | Neutral | Buy | Upgrade |
| 2020-07-26 | YES Securities | Buy | Maintains | |
| 2020-07-26 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-07-25 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2020-07-25 | Dolat Capital | Buy | Maintains | |
| 2020-07-25 | Motilal Oswal | Buy | Maintains | |
| 2020-07-24 | Dolat Capital | Buy | Maintains | |
| 2020-07-24 | Sharekhan | Buy | Maintains | |
| 2020-07-14 | Edelweiss | Buy | Maintains | |
| 2020-07-10 | HDFC Securities | Buy | Maintains | |
| 2020-06-29 | HDFC Securities | Buy | Maintains | |
| 2020-06-01 | Geojit BNP Paribas | Buy | Maintains | |
| 2020-05-14 | Hem Securities | Hold | Maintains | |
| 2020-05-12 | Hem Securities | Hold | Maintains | |
| 2020-05-11 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-05-11 | Axis Direct | Buy | Maintains | |
| 2020-05-11 | SMC online | Results Update | Maintains | |
| 2020-05-11 | Edelweiss | Buy | Maintains | |
| 2020-05-11 | Nirmal Bang | Buy | Maintains | |
| 2020-05-10 | Dolat Capital | Buy | Maintains | |
| 2020-05-10 | YES Securities | Buy | Maintains | |
| 2020-05-10 | Arihant Capital | Buy | Maintains | |
| 2020-05-10 | Prabhudas Lilladhar | Buy | Maintains | |
| 2021-07-29 | Geojit BNP Paribas | Buy | Maintains | |
| 2021-07-26 | HDFC Securities | Buy | Maintains | |
| 2021-07-26 | Axis Direct | Buy | Maintains | |
| 2021-07-25 | Motilal Oswal | Buy | Maintains | |
| 2021-07-25 | Edelweiss | Buy | Maintains | |
| 2021-05-03 | Ashika Research | Buy | Maintains | |
| 2021-04-29 | Geojit BNP Paribas | Buy | Maintains | |
| 2021-04-26 | Prabhudas Lilladher | Buy | Maintains | |
| 2021-04-26 | SMC online | Results Update | Maintains | |
| 2021-04-26 | Axis Direct | Buy | Maintains | |
| 2021-04-26 | HDFC Securities | Buy | Maintains | |
| 2021-04-25 | Nirmal Bang | Buy | Maintains | |
| 2021-04-25 | Motilal Oswal | Buy | Maintains | |
| 2021-04-25 | Nirmal Bang Institutional | Buy | Maintains | |
| 2021-04-25 | Edelweiss | Buy | Maintains | |
| 2021-04-24 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2021-04-01 | Axis Direct | Buy | Maintains | |
| 2021-03-30 | Axis Direct | Buy | Maintains | |
| 2021-03-22 | Sharekhan | Buy | Maintains | |
| 2021-03-08 | Edelweiss | Buy | Maintains | |
| 2021-02-22 | Nirmal Bang Institutional | Buy | Maintains | |
| 2021-02-01 | HDFC Securities | Buy | Maintains | |
| 2021-01-31 | Edelweiss | Buy | Maintains | |
| 2021-01-31 | Prabhudas Lilladher | Buy | Maintains | |
| 2021-01-30 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2020-12-07 | Prabhudas Lilladhar | Buy | Maintains | |
| 2020-12-07 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-12-07 | Nirmal Bang | Buy | Maintains | |
| 2020-12-07 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-12-07 | Axis Direct | Buy | Maintains | |
| 2020-12-07 | HDFC Securities | Buy | Maintains | |
| 2020-12-05 | Motilal Oswal | Buy | Maintains | |
| 2020-05-10 | HDFC Securities | Buy | Maintains | |
| 2020-11-09 | Arihant Capital | Accumulate | Maintains | |
| 2020-11-02 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-11-02 | Axis Direct | Buy | Maintains | |
| 2020-11-02 | HDFC Securities | Buy | Maintains | |
| 2020-11-01 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-11-01 | Motilal Oswal | Buy | Maintains | |
| 2020-10-28 | Nirmal Bang | Buy | Maintains | |
| 2020-09-30 | Sharekhan | Buy | Maintains | |
| 2020-09-17 | Edelweiss | Buy | Maintains | |
| 2020-09-01 | LKP Securities | Buy | Maintains | |
| 2020-08-03 | Geojit BNP Paribas | Buy | Maintains | |
| 2020-08-03 | Geojit Financial Services | Buy | Maintains | |
| 2020-07-27 | BOB Capital Markets Ltd. | Sell | Maintains | |
| 2020-07-27 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-07-27 | Axis Direct | Buy | Maintains | |
| 2020-05-10 | Prabhudas Lilladher | Buy | Maintains | |
| 2020-05-10 | Motilal Oswal | Buy | Maintains | |
| 2020-05-09 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2020-05-08 | Sharekhan | Buy | Maintains | |
| 2020-05-07 | Axis Direct | Buy | Maintains | |
| 2020-03-06 | Axis Direct | Buy | Maintains | |
| 2020-02-19 | LKP Securities | Buy | Maintains | |
| 2020-01-29 | Geojit BNP Paribas | Buy | Maintains | |
| 2020-01-29 | Hem Securities | Buy | Maintains | |
| 2020-01-29 | Angel Broking | Hold | Maintains | |
| 2020-01-28 | SMC online | Results Update | Maintains | |
| 2020-01-28 | Centrum | Buy | Maintains | |
| 2020-01-28 | HDFC Securities | Buy | Maintains | |
| 2020-01-28 | Nirmal Bang | Buy | Maintains | |
| 2020-01-27 | Edelweiss | Buy | Maintains | |
| 2020-01-27 | Nirmal Bang Institutional | Buy | Maintains | |
| 2020-01-27 | HDFC Securities | Buy | Maintains | |
| 2020-01-27 | Motilal Oswal | Buy | Maintains | |
| 2020-01-25 | Motilal Oswal | Buy | Maintains | |
| 2020-01-25 | BOB Capital Markets Ltd. | Buy | Maintains | |
| 2019-12-19 | Sharekhan | Buy | Maintains | |
| 2019-12-05 | HDFC Securities | Buy | Maintains | |
| 2019-12-04 | Prabhudas Lilladhar | Buy | Maintains | |
| 2019-12-04 | Emkay | Buy | Maintains | |
| 2019-12-04 | HDFC Securities | Buy | Maintains | |
| 2019-12-04 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-12-03 | Motilal Oswal | Buy | Maintains | |
| 2019-11-06 | Geojit Financial Services | Hold | Maintains | |
| 2019-10-30 | Angel Broking | Buy | Maintains | |
| 2019-10-29 | Nirmal Bang | Buy | Maintains | |
| 2019-10-27 | HDFC Securities | Buy | Maintains | |
| 2019-10-11 | Axis Direct | Buy | Maintains | |
| 2019-09-27 | Nirmal Bang | Buy | Maintains | |
| 2019-08-23 | Motilal Oswal | Buy | Maintains | |
| 2019-08-19 | Axis Direct | Buy | Maintains | |
| 2019-08-13 | Axis Direct | Buy | Maintains | |
| 2019-08-02 | Angel Broking | Buy | Maintains | |
| 2019-07-31 | Sharekhan | Buy | Maintains | |
| 2019-07-29 | YES Securities | Buy | Maintains | |
| 2019-07-29 | Edelweiss | Buy | Maintains | |
| 2019-07-29 | HDFC Securities | Buy | Maintains | |
| 2019-07-29 | Motilal Oswal | Buy | Maintains | |
| 2019-07-29 | Nirmal Bang | Buy | Maintains | |
| 2019-07-26 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-07-01 | Edelweiss | Buy | Maintains | |
| 2019-05-29 | Axis Direct | Buy | Maintains | |
| 2019-05-27 | Angel Broking | Buy | Maintains | |
| 2019-05-20 | Investec Securities | Buy | Maintains | |
| 2019-05-09 | HDFC Securities | Buy | Maintains | |
| 2019-05-08 | KRChoksey | Accumulate | Maintains | |
| 2019-05-08 | Nalanda Securities | Buy | Maintains | |
| 2019-05-08 | Reliance Securities | Buy | Maintains | |
| 2019-05-07 | Nirmal Bang | Buy | Maintains | |
| 2019-05-07 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-03-08 | Axis Direct | Buy | Maintains | |
| 2019-02-18 | Angel Broking | Buy | Maintains | |
| 2019-02-05 | Karvy Stock Broking | Buy | Maintains | |
| 2019-02-04 | Reliance Securities | Buy | Maintains | |
| 2019-02-04 | Dolat Capital | Accumulate | Maintains | |
| 2019-02-02 | Nirmal Bang | Buy | Maintains | |
| 2019-02-02 | HDFC Securities | Buy | Maintains | |
| 2019-01-31 | Motilal Oswal | Buy | Maintains | |
| 2019-01-31 | Prabhudas Lilladher | Buy | Maintains | |
| 2019-01-11 | Karvy Stock Broking | Buy | Maintains | |
| 2019-01-01 | Sharekhan | Buy | Maintains | |
| 2018-12-21 | Kotak Securities | Buy | Maintains | |
| 2018-11-28 | Choice Equity Broking | Buy | Maintains | |
| 2018-11-15 | Swastika Investmart | Hold | Maintains | |
| 2018-10-29 | Nalanda Securities | Buy | Maintains | |
| 2018-10-29 | HDFC Securities | Buy | Maintains | |
| 2018-10-27 | Motilal Oswal | Buy | Maintains | |
| 2018-10-27 | Prabhudas Lilladher | Buy | Maintains | |
| 2018-10-27 | Dolat Capital | Buy | Maintains | |
| 2018-10-27 | Sharekhan | Buy | Maintains | |
| 2016-10-24 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2016-10-21 | UBS | Hold | Buy | Upgrade |
| 2016-05-03 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2016-04-21 | Credit Suisse | Neutral | Outperform | Upgrade |
| 2015-09-14 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2015-08-26 | Standpoint Research | Hold | Buy | Upgrade |
| 2015-01-13 | Goldman Sachs | Buy | Neutral | Downgrade |
| 2014-03-20 | Standpoint Research | Buy | Hold | Downgrade |
| 2014-01-29 | Standpoint Research | Accumulate | Initiate | |
| 2013-04-09 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
