Here's How Much $1000 Invested In ICICI Bank 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
ICICI Bank (NYSE:IBN) has delivered an average annual return of 11.41% over the past 20 years, outperforming the market by 3.59% on an annualized basis. A $1000 investment in IBN 20 years ago would be worth $8,686.59 today. The bank's current market capitalization stands at $91.42 billion.

March 27, 2024 | 7:30 pm
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ICICI Bank has shown significant long-term growth, with a $1000 investment growing to $8,686.59 over 20 years, reflecting an average annual return of 11.41%.
The article highlights ICICI Bank's strong performance over the past 20 years, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization of $91.42 billion, suggests a positive outlook for the bank's stock. The long-term growth and above-average annual returns indicate a robust financial position and operational success, likely contributing to investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100