$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
ICICI Bank (NYSE:IBN) has delivered an average annual return of 17.27% over the past 5 years, outperforming the market by 4.66% on an annualized basis. A $100 investment in IBN 5 years ago would be worth $219.77 today. The company's current market capitalization stands at $83.01 billion.
January 08, 2024 | 3:00 pm
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POSITIVE IMPACT
ICICI Bank has shown strong performance with a significant return over the past 5 years, doubling an investment from $100 to $219.77.
The positive historical performance of ICICI Bank over the past 5 years is likely to instill confidence in investors, potentially leading to a positive short term impact on the stock price. However, past performance is not always indicative of future results, and investors should consider other factors as well.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100