$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today
Portfolio Pulse from Benzinga Insights
ICICI Bank (NYSE:IBN) has delivered an average annual return of 18.78% over the past 5 years, outperforming the market by 4.7% annually. A $1000 investment in IBN 5 years ago would now be worth $2,427.86. The company's current market capitalization stands at $84.76 billion.
December 20, 2023 | 6:00 pm
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ICICI Bank has significantly outperformed the market with an 18.78% average annual return over the past 5 years, turning a $1000 investment into $2,427.86.
The historical performance of ICICI Bank as detailed in the article suggests strong past growth, which may positively influence investor perception and could lead to increased investor interest in the short term. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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