ICICI Bank stock slips 0.45% as bank prices $750 million bond issue
The bank’s IFSC Banking Unit priced five-year Senior Unsecured Fixed Rate Notes at a 5.417% coupon early Tuesday under its $7.5 billion Global Medium Term Note Programme
On Tuesday, ICICI Bank's shares were trading at ₹1,409, marking a decline of 0.45% or ₹6.30. The private lender simultaneously announced the pricing of a $750 million bond issue in international markets through its IFSC Banking Unit. The five-year Senior Unsecured Fixed Rate Notes were priced at a coupon rate of 5.417 percent, with an expected allotment on August 21, 2026, and maturity on August 21, 2031.
Interest payments are scheduled for February 21 and August 21 each year throughout the note's life. As of 11:45 am, sell-side orders accounted for 55.33% of the total traded quantity, while buy-side orders made up 44.67%. The stock opened at ₹1,410, reaching a high of ₹1,416.20 before closing at ₹1,407.20. The traded volume amounted to 31.14 lakh shares, translating to a traded value of ₹439.12 crore.
Deliverable quantity comprised 67.46% of the total traded volume. ICICI Bank's market capitalization is currently valued at ₹10,11,137.89 crore, with a free float cap of ₹10,06,929.54 crore. The bank's P/E ratio stands at 18.11, and its annualized volatility is 23.31%. Over the past year, the stock has risen by 5.31%, outpacing the Nifty 50's return of -7.45% over the same period.
The 52-week range for the stock is ₹1,187.60 to ₹1,480, with the current price sitting about 4.8% below its 52-week high, recorded on July 20, 2026.
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