ICICI Securities reports 91% jump in Q4 net at Rs 158.64cr

ICICI Securities reports 91% jump in Q4 net at Rs 158.64cr

The stock decreased 0.99% or $0.97 during the last trading session, reaching $97.13. About 5.99 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 15, 2017 and is uptrending. It has outperformed by 30.45% the S&P500.

In 2017Q4 SEC form is reported Paul Marshall's stake in Icici Bank (IBN) which was rose by 72.6%. Jhl Capital Group Llc acquired 3.15 million shares as Icici Bk Ltd (IBN)'s stock declined 11.13%. The hedge fund run by David Kowitz held 5.75M shares of the commercial banks company at the end of 2017Q4, valued at $55.99 million, up from 4.23M at the end of the previous reported quarter. Icici Bank Ltd Adr now has $28.93B valuation. IBN reached $8.755 on during the last trading session after $0.095 change.ICICI Bank Limited has volume of 2.22M shares. Accern also assigned news stories about the bank an impact score of 44.5511821374952 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Investment services firm ICICI Securities today reported a 91 per cent rise in net profit to Rs 159 crore in the fourth quarter of 2017-18, compared to Rs 83 crore in the year-ago period. The stock outperformed the S&P500 by 0.51%. For a total of 52,524 shares it reduced its holding in Grifols Sa (NASDAQ:GRFS) by 806,774 shares in the quarter, and has cut its stake in E Trade Financia (NASDAQ:ETFC).

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on April, 17. DLTR's profit will be $296.66 million for 19.43 P/E if the $1.25 EPS becomes a reality. (NYSE:VRX). Private Mgmt Grp invested in 1.34% or 1.26M shares.

Among 2 analysts covering Icici Bank Limited (NYSE:IBN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 71% are positive. (NASDAQ:DLTR) has "Buy" rating given on Monday, October 10 by Deutsche Bank. Finally, Morgan Stanley assumed coverage on ICICI Bank in a research note on Tuesday, January 16th. As per Friday, August 25, the company rating was maintained by Bank of America. The company was downgraded on Tuesday, May 3 by Goldman Sachs. Goldman Sachs upgraded the stock to "Buy" rating in Monday, September 14 report. The firm has "Hold" rating by Zacks given on Thursday, September 3. The stock of ICICI Bank Limited (NYSE:IBN) earned "Sell" rating by Zacks on Wednesday, August 19.

Investors sentiment is 1.19 in 2017 Q4. 144.13 million shares or 0.54% more from 143.35 million shares in 2017Q3 were reported. It turned negative, as 63 investors sold PEP shares while 712 reduced holdings. 102 funds opened positions while 175 raised stakes. 312.70 million shares or 2.45% less from 320.54 million shares in 2017Q3 were reported. Scotia Capital reported 385,323 shares. Cohen Klingenstein Limited Company invested in 28,000 shares or 0.7% of the stock. On Monday, October 30 Jefferies upgraded the shares of IBN in report to "Buy" rating. Brown Brothers Harriman & holds 0.25% or 467,626 shares in its portfolio. Riverhead Cap Ltd Liability holds 0% or 5,171 shares in its portfolio. Synovus Fincl owns 7,460 shares. Loomis Sayles & Communications LP has invested 0% of its portfolio in Wabash National Corporation (NYSE:WNC). Great Lakes Advisors Lc invested in 0.16% or 145,473 shares. Glovista Ltd Llc has invested 0.18% of its portfolio in PepsiCo, Inc. Schroder Investment Management Group boosted its stake in shares of ICICI Bank by 164.4% during the 3rd quarter. Peoples Financial Serv has 0.1% invested in State Street Corporation (NYSE:STT).