ICICI Bank shares climbed to an 11-month high on Friday, rising 2.2 per cent to ₹1,450 in intra-day trading on the BSE, as investors awaited the bank’s financial results for the April–June quarter of the 2026–27 financial year. The bank is scheduled to announce its first-quarter earnings on Saturday, alongside other major private sector lenders, including HDFC Bank and Axis Bank.
The latest rally has pushed ICICI Bank’s stock up nearly 19 per cent from its June low of ₹1,213.90, bringing it closer to its record high of ₹1,494.10, recorded in July 2025. The strong upward movement reflects positive investor sentiment ahead of the earnings announcement.
Market analysts expect commercial banks to report healthy year-on-year performance, supported by steady loan growth, treasury gains and stable asset quality. Improved net interest margins are also anticipated for banks that have shifted their lending portfolios towards higher-yielding assets.
Brokerages believe ICICI Bank’s business momentum remains strong, with advances expected to continue growing faster than deposits. However, estimates suggest the bank may report a sequential decline of 4 to 5 per cent in net profit compared with the previous quarter, while year-on-year profit is expected to remain broadly stable, with growth of up to 2.5 per cent. Investors will closely watch the bank’s earnings and management commentary for insights into credit growth, asset quality and future business outlook.
