ICICI Bank shares near 52-week high as allotments signal employee scheme activity
Strong sectoral momentum supported the stock, while fresh regulatory disclosures detailed equity allotments under the bank’s employee compensation schemes
ICICI Bank shares on Thursday afternoon reached the National Stock Exchange at ₹1,473.50, a 3.47 per cent increase from the previous close of ₹1,424.10. The stock was trading near its 52-week high of ₹1,480, last seen on July 20, 2026. With a traded volume of 142.19 lakh shares and a traded value of ₹2,081.12 crore, the stock was nearing the high.
The broader market showed support, with Bank Nifty trading above key moving averages, indicating strong sectoral momentum. ICICI Bank filed two allotment notices this week. On November 3, 62,879 equity shares were allotted under the Employees Stock Option Scheme-2000, and on November 5, a further 36,937 shares were allotted under the Employees Stock Unit Scheme-2022.
Both allotments were approved by Executive Directors acting under authority delegated by the Board. The combined allotment of 99,816 shares represents a small increase to the bank's outstanding equity. ICICI Bank's total market capitalisation stood at approximately ₹10.58 lakh crore, with the stock returning about 10.26 per cent over the past year.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
