Question
Which bank entered India's top five companies by market
capitalization, surpassing Rs 8 trillion?Solution
ICICI Bank entered the top five of India's market capitalization rankings, surpassing the Rs 8 trillion mark. • ICICI Bank has entered the top five of India's market capitalization rankings, surpassing the Rs 8 trillion mark. • The bank's shares increased by more than 5%, reflecting its strong financial performance and solid growth potential. • ICICI Bank is now the second bank in India to reach this market cap level, after HDFC Bank. • Reliance Industries remains the leader in market valuation at Rs 19.8 trillion, followed by TCS, HDFC Bank, and State Bank of India. • Analysts from firms like CLSA and JPMorgan have set a target price of Rs 1,350 for ICICI Bank's stock, indicating confidence in its future growth. • For FY25/26, JPMorgan raised ICICI Bank's earnings per share projection by 4%, citing fair valuation and potential for an upward re-rating. • The bank's net profit grew by 17% in the last fiscal quarter, driven by strong loan growth and improved asset quality. • The gross NPA ratio improved to 2.16% as of March 2024, demonstrating effective management of credit risks. Learn Along: About ICICI Bank Founded: 1994     Headquarters: Mumbai     Non-Executive (part-time) Chairman:Mr. Girish Chandra Chaturvedi
The speed of current is 8 km/h. What will be the respective downstream speed and upstream speed of a boy rowing a boat, if one fifth of the distance cov...
The speed of the stream is 11 km/h. Boat ‘A’ covers 84 km distance against the stream in 6 hours and boat ‘B’ covers 90 km distance against the ...
Speed of a boat in still water is 15 kmph and speed of stream is 12 kmph. A man rows to a place at a distance of 54 km and come back to starting point. ...
The speed of a motorboat in still water is 50 km/hr. If the motorboat travels 120 km along the stream in 1 hour 30 minutes, then the time taken by it t...
Speed of a boat in still water to speed of boat in upstream is 11:7. If the boat can travel 300 km in downstream in 5 hours, then find the time taken by...
A boat can cover 200 km in downstream in 10 hours and 150 km in upstream in 15 hours. Find the distance travelled by the boat in still water in 5 hours.
Speed of a boat in still water is 5 times more than the speed of stream. If boat covers 147 km in downstream in 7 hours, then find the time taken by the...
A boat makes a journey from point P to point Q and return back in 6 hr 40 min. One way it travels with the stream and on the return it travel against th...
A boat takes 2 hours to travel 24 km downstream and 4 hours to travel 16 km upstream. What is the speed of the boat in still water?
The ratio of speed of the boat and the speed of the current is 6:5. If the downstream speed of the boat is 44 km/hr. Then find how much distance will th...