ICICI Bank shares slide 1.32% amid $1 billion bond issuance and employee stock allotment

On a broader timeframe, the stock has gained 6.41 per cent year-to-date, significantly outperforming the Nifty 50’s decline of 7.88 per cent over the same period.
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REUTERS/FRANCIS MASCARENHAS

Shares of ICICI Bank Limited fell 1.32 per cent on the National Stock Exchange on Friday, trading at ₹1,424 as of 12.06 PM, down ₹19 from the previous close of ₹1,443. The stock opened at ₹1,435, touched an intraday high of ₹1,439.80, and slid to a low of ₹1,423.10, with sell orders outpacing buy orders, 57.56 per cent sellers against 42.44 per cent buyers.

Trading volume stood at 44.23 lakh shares, with a traded value of ₹633.19 crore. Deliverable quantity accounted for 64.20 per cent of total traded volume, suggesting a significant proportion of trades were positional rather than intraday. The bank’s total market capitalisation stood at ₹10,22,088 crore.

ICICI Bank informed exchanges that its IFSC Banking Unit had completed the issuance of $1 billion in Senior Unsecured Fixed Rate Notes under its $7.5 billion Global Medium Term Note Programme. The notes, rated BBB by S&P Global Ratings and Baa3 by Moody’s, will be listed on the India International Exchange IFSC, NSE IFSC, and SGX-ST.

In a separate filing, the bank disclosed the allotment of 48,983 equity shares of face value ₹2 each under the ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors on August 27, 2026.

On a broader timeframe, the stock has gained 6.41 per cent year-to-date, significantly outperforming the Nifty 50’s decline of 7.88 per cent over the same period. The 52-week high stands at ₹1,480, recorded on July 20, 2026, while the 52-week low of ₹1,187.60 was hit on April 2, 2026. The stock’s annualised volatility is currently 22.93 per cent, with a symbol P/E of 18.46.

Published on August 28, 2026