ICICI Bank Ltd. ADR (NYSE:IBN) has a beta value of 1.02 and has seen 8.0 million shares traded in the last trading session. The company, currently valued at $96.49B, closed the last trade at $27.47 per share which meant it gained $0.94 on the day or 3.54% during that session. The IBN stock price is 2.62% off its 52-week high price of $26.75 and 20.31% above the 52-week low of $21.89. The 3-month trading volume is 5.31 million shares.

ICICI Bank Ltd. ADR (NYSE:IBN) trade information

Sporting 3.54% in the green in last session, the stock has traded in the green over the last five days, when the IBN stock price touched $27.47 or saw a rise of 1.19%. Year-to-date, ICICI Bank Ltd. ADR shares have moved 15.23%, while the 5-day performance has seen it change 5.21%. Over the past 30 days, the shares of ICICI Bank Ltd. ADR (NYSE:IBN) have changed 4.01%.

ICICI Bank Ltd. ADR (IBN) estimates and forecasts

Figures show that ICICI Bank Ltd. ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 24.24% over the past 6 months, with this year growth rate of 23.21%, compared to 1.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 6.70% and -2.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be -31.10%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 74.44% over the past 5 years. Earnings growth for 2024 is a modest 8.75% while over the next 5 years, the company’s earnings are expected to increase by 21.30%.

IBN Dividends

ICICI Bank Ltd. ADR is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.19 at a share yield of 0.70%. The company’s dividend yield has gone up over the past 12 months.