ICICI Bank Stock Rises 14.77% Over Past Year, Outperforming Sensex

ICICI Bank, a prominent player in the private sector banking industry, has shown notable activity today, aligning closely with sector performance. The stock opened at Rs 1413.9 and has maintained this price throughout the trading session. After experiencing three consecutive days of gains, the stock has seen a slight decline of 0.20% today, while the broader Sensex index has decreased by 0.14%.
In terms of moving averages, ICICI Bank's stock is currently above the 5-day, 20-day, 50-day, and 200-day moving averages, indicating a generally positive trend, although it remains below the 100-day moving average.

Over the past year, ICICI Bank has delivered a robust performance, with a gain of 14.77%, significantly outperforming the Sensex, which has risen by only 2.89% during the same period. The bank's market capitalization stands at an impressive Rs 10,10,522.75 crore, solidifying its position as a large-cap entity.

In the longer term, ICICI Bank has demonstrated remarkable growth, with a staggering 257.20% increase over the past five years, compared to the Sensex's 108.46%. This performance underscores the bank's strong market position and resilience in the competitive banking landscape.