Here's How Much You Would Have Made Owning ICICI Bank Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, ICICI Bank (NYSE:IBN) has produced an average annual return of 13.54%, outperforming the market by 3.92% on an annualized basis. With a current market capitalization of $77.94 billion, a $1000 investment in IBN stock a decade ago would be worth $3,465.12 today. The article highlights the significant impact of compounded returns on investment growth over time.
November 21, 2023 | 5:00 pm
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ICICI Bank has demonstrated strong performance with an average annual return of 13.54% over the past decade, significantly outperforming the market.
The historical performance data provided for ICICI Bank indicates a strong track record of returns, which could instill confidence in investors and potentially lead to a positive short-term impact on the stock price. The emphasis on compounded returns over time may attract investors looking for long-term investment opportunities.
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