$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
ICICI Bank (NYSE:IBN) has outperformed the market over the past 5 years, producing an average annual return of 21.79%. A $100 investment in IBN 5 years ago would be worth $268.70 today.
June 09, 2023 | 5:01 pm
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ICICI Bank has outperformed the market over the past 5 years with an average annual return of 21.79%. A $100 investment in IBN 5 years ago would be worth $268.70 today.
The article highlights ICICI Bank's strong performance over the past 5 years, but it does not provide any new information or catalysts that would directly impact the stock price in the short term. The historical performance is already priced into the stock, and the article serves as a reminder of the importance of compounded returns.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100