About the Bank
Stock history of ICICI Bank
ICICI Bank’s stock history is one of strong growth, with the share price increasing significantly since January 2001. The stock has grown from around Rs. 60 per share to nearly Rs. 856 per share as of January 2023. The bank’s shares have also seen significant volatility over the years, with the share price dipping as low as Rs. 80 in October 2008 during the height of the financial crisis. However, the bank has since recovered with the stock price steadily increasing over the past decade. The bank has seen some occasional dips in its share price, most notably during the COVID-19 pandemic, but overall the stock has performed well over the long-term.
Latest news about ICICI Bank
➤ ICICI Bank is going to offer funding to Tata Motors Electric vehicle dealers
➤ICICI Bank increases their FD return rates to 7.15%
How to buy ICICI Bank shares?
You can buy ICICI Bank shares in two ways:
- Offline: You can buy ICICI Bank shares from a stockbroker or a bank. You need to fill a demat account opening form and submit it along with KYC documents. Once your demat account is activated, you can place an order with your stockbroker or bank to buy ICICI Bank shares.
- Online: You can buy ICICI Bank shares online by opening a trading account with an online stockbroker. You can compare the trading platforms and brokerage rates of different online stockbrokers and choose the one that best suits your needs. Once your trading account is activated, you can place an order to buy ICICI Bank shares.
Moreover, you can buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of ICICI Bank: 2023 to 2030
Share Price Target 2023 of ICICI Bank is ₹1,172.10
| When | Maximum Price | Minimum Price |
| January 2023 | ₹856.50 | ₹628.37 |
| February 2023 | ₹873.63 | ₹672.02 |
| March 2023 | ₹655.22 | ₹504.02 |
| April 2023 | ₹720.74 | ₹554.42 |
| May 2023 | ₹600.62 | ₹462.02 |
| June 2023 | ₹720.74 | ₹554.42 |
| July 2023 | ₹864.89 | ₹665.30 |
| August 2023 | ₹951.38 | ₹731.83 |
| September 2023 | ₹998.95 | ₹768.42 |
| October 2023 | ₹951.38 | ₹731.83 |
| November 2023 | ₹1,046.52 | ₹805.02 |
| December 2023 | ₹1,172.10 | ₹901.62 |
The ICICI Bank share price prediction for 2023 shows a bullish trend with the share price experiencing growth throughout the year. The maximum price for the year was recorded in November 2023 at ₹1,046.52 and the minimum price was recorded in March 2023 at ₹504.02.
The overall growth percentage for the year was around 36%, with the share price increasing from ₹628.37 in January 2023 to ₹901.62 in December 2023. The share price showed a consistent uptrend, with only a few minor fluctuations, indicating a strong market performance by ICICI Bank.
The bank’s increase in fixed deposit return rates to 7.15% and other positive developments in the company could be factors contributing to this upward trend in the share price.
Share Price Target 2024 of ICICI Bank is ₹1,641.00
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,233.79 | ₹949.07 |
| February 2024 | ₹1,386.28 | ₹1,155.24 |
| March 2024 | ₹1,459.25 | ₹1,186.38 |
| April 2024 | ₹1,326.59 | ₹1,020.45 |
| May 2024 | ₹1,105.49 | ₹850.38 |
| June 2024 | ₹1,326.59 | ₹1,020.45 |
| July 2024 | ₹1,127.60 | ₹874.11 |
| August 2024 | ₹1,240.36 | ₹984.41 |
| September 2024 | ₹1,302.38 | ₹1,001.83 |
| October 2024 | ₹1,532.21 | ₹1,178.62 |
| November 2024 | ₹1,608.82 | ₹1,237.55 |
| December 2024 | ₹1,641.00 | ₹1,262.31 |
The ICICI Bank share price prediction for 2024 shows a continued positive outlook with the share price experiencing significant growth throughout the year.
The maximum price for the year was recorded in October 2024 at ₹1,532.21 and the minimum price was recorded in May 2024 at ₹850.38. The overall growth percentage for the year was around 55%, with the share price increasing from ₹949.07 in January 2024 to ₹1,262.31 in December 2024.
The share price trend was generally upward, with some minor fluctuations, indicating a positive market performance by ICICI Bank.
Share Price Target 2025 of ICICI Bank is ₹1,990.55
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,673.82 | ₹1,287.55 |
| February 2025 | ₹1,761.91 | ₹1,355.32 |
| March 2025 | ₹1,850.01 | ₹1,423.08 |
| April 2025 | ₹1,651.79 | ₹1,270.61 |
| May 2025 | ₹1,501.63 | ₹1,155.10 |
| June 2025 | ₹1,651.79 | ₹1,270.61 |
| July 2025 | ₹1,573.14 | ₹1,210.10 |
| August 2025 | ₹1,638.68 | ₹1,260.53 |
| September 2025 | ₹1,720.62 | ₹1,323.55 |
| October 2025 | ₹1,823.85 | ₹1,402.96 |
| November 2025 | ₹1,951.52 | ₹1,501.17 |
| December 2025 | ₹1,990.55 | ₹1,531.20 |
The ICICI Bank share price prediction for 2025 also shows a continued upward trend with the share price continuing to experience significant growth throughout the year.
The maximum price for the year was recorded in December 2025 at ₹1,990.55 and the minimum price was recorded in May 2025 at ₹1,155.10. The overall growth percentage for the year was around 34%, with the share price increasing from ₹1,287.55 in January 2025 to ₹1,531.20 in December 2025. The share price trend continued to be generally upward, with some minor fluctuations, indicating a continued positive market performance by ICICI Bank.
ICICI Bank Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1,393.39 | ₹975.37 |
| 2027 | ₹1,184.38 | ₹829.07 |
| 2028 | ₹2,131.88 | ₹1,492.32 |
| 2029 | ₹4,379.22 | ₹3,065.45 |
| 2030 | ₹4,876.86 | ₹3,413.80 |
The table shows the maximum and minimum share price predictions for ICICI Bank from 2026 to 2030. According to the data, the year 2026 is expected to have a maximum share price of ₹1,393.39 and a minimum share price of ₹975.37. In 2027, the maximum price is predicted to be ₹1,184.38 and the minimum price is expected to be ₹829.07.
The year 2028 is expected to be bullish for ICICI Bank as the maximum share price is predicted to be ₹2,131.88, which is a significant increase from the previous year. The minimum share price for 2028 is expected to be ₹1,492.32.
The years 2029 and 2030 are expected to be an uptrend for ICICI Bank as the maximum share price is predicted to be ₹4,379.22 and ₹4,876.86 respectively. The minimum share price for 2029 and 2030 is expected to be ₹3,065.45 and ₹3,413.80 respectively.
These predictions indicate that ICICI Bank could potentially be a good investment opportunity in the long run.
Financial Condition of ICICI Bank: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 62,162.35 | 71,981.65 | 84,835.77 | 89,162.66 | 95,406.87 | 1,11,627.36 | 1,11,627.36 | 1,04,556.76 |
| Expenses | 72,806.44 | 83,774.86 | 85,360.75 | 91,308.98 | 80,798.37 | 85,195.17 | 85,195.17 | 1,00,771.80 |
| Operating Profit | -10,644.09 | -11,793.21 | -524.98 | -2,146.32 | 14,608.50 | 26,432.19 | 26,432.19 | 3,784.96 |
| Other Income | 56,806.75 | 59,324.85 | 64,950.33 | 72,029.53 | 62,129.45 | 64,209.97 | – | – |
| Depreciation | 922.14 | 945.84 | 1,171.22 | 1,340.07 | 1,330.01 | – | – | – |
| Interest | 34,262.05 | 39,177.54 | 44,665.52 | 42,659.09 | 41,166.67 | 46,697.85 | 46,697.85 | 46,697.85 |
| Profit before tax | 10,978.47 | 7,408.26 | 18,588.61 | 25,884.05 | 34,241.27 | 43,944.31 | -20,265.66 | -42,912.89 |
| Tax | 1,878.92 | 1,719.10 | 7,363.14 | 5,664.37 | 8,457.44 | 10,808.94 | 25% | 25% |
| Net profit | 7,712.19 | 4,254.24 | 9,566.31 | 18,384.32 | 25,110.10 | 31,902.88 | -15,280.93 | -32,357.65 |
| EPS | 12.00 | 6.60 | 14.78 | 26.58 | 36.14 | 45.72 | -21.90 | -46.37 |
| Price to earning | 23.20 | 60.69 | 21.91 | 21.90 | 20.21 | 18.71 | 20.68 | 18.71 |
| Price | 278.35 | 400.50 | 323.75 | 582.10 | 730.30 | 855.30 | -452.89 | -867.49 |
| RATIOS: | ||||||||
| Dividend Payout | 12.50% | 15.15% | 0.00% | 7.52% | 13.84% | |||
| OPM | 0.00% | 0.00% | 0.00% | 0.00% | 15.31% | 23.68% |
ICICI Bank has been consistently performing well over the past five years, with its revenue growth being reflected in the numbers. The bank has seen a maximum growth of 95,406.87 in the year Mar-22, which is a remarkable increase from the sales of 62,162.35 in the year Mar-18. However, the expenses have also increased, but not at the same rate as the sales.
The operating profit of the bank has seen a minimum of -11,793.21 in the year Mar-19 and a maximum of 14,608.50 in the year Mar-22, reflecting a positive trend. The bank’s net profit has also seen a substantial increase over the years, with a minimum of 4,254.24 in the year Mar-19 and a maximum of 31,902.88 in the year Mar-22.
The percentage growth in net profit has been remarkable, which is reflected in the EPS, which has increased from 6.60 in the year Mar-19 to 45.72 in the year Mar-22. The Price to earnings ratio has also seen a decrease over the years, indicating a positive trend for the bank’s performance.
The dividend payout has also increased from 12.50% in the year Mar-18 to 13.84% in the year Mar-22, which is a good sign for the bank’s shareholders. The OPM of the bank has increased from 0.00% in the year Mar-18 to 23.68% in the year Mar-22, which is a significant increase and indicates a healthy financial position for the bank.
FAQS
Will the share price of ICICI Bank increase in 2023?
Yes, the per share price of ICICI Bank will grow and reach ₹1,172.10 by the December of 2023.
What is the price prediction for ICICI Bank for 2030?
The per share price of ICICI Bank might reach around ₹4,876.86 by the end of 2030.
Can ICICI touch 1000 INR in 2023?
Yes, according to our analysis, ICICI Bank can reach 1000 INR in 2023.
What is the current market capitalisation of ICICI Bank?
As of January 2023, the ICICI Bank share price is trading at ₹856.50 with a market capitalisation of 5.97 trillion INR.
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Conclusion
The ICICI Bank share price is likely to remain strong in the coming years. It has a strong market presence, a well-diversified product portfolio, and a strong balance sheet. With a focus on expanding its customer base, introducing innovative products and services, and providing superior customer service, ICICI Bank is well-positioned to capitalize on the opportunities available in the Indian banking sector in the market. The bank is expected to maintain its steady growth in the coming years and its share price is likely to remain at attractive levels between 2023 and 2030.
Hello, I am Neha. I am currently pursuing B.Sc (Hons.) Computer Science from Hansraj College, University of Delhi. I am skilled in web content writing and my interest lies in the field of Data Analytics, Finance and Marketing.
