ICICI Bank (ICICIBANK) Share Price Falls 2.1% Today: Key Levels, Valuation and Peer View
- September 8, 2026
- Posted by: Harsh Piplani
- Category: News
ICICI Bank Share Price fell to Rs 1,398 on 08 September 2026, down 2.1% or Rs 30 from the previous close of Rs 1,428. The stock traded in an intraday range of Rs 1,396 to Rs 1,424.70, with turnover at Rs 44.75 crore. ICICI Bank remains a Large Cap private bank with a market capitalisation of Rs 10,21,346.28 crore.
The verified dataset confirms the decline, but it does not establish a company-specific reason for the move. That means the cleanest way to assess the session is through observable data: price action, turnover, RSI, moving-average levels, valuation ratios, profitability metrics and comparison with other private banks in the same industry.
For readers tracking stocks in focus, this article looks at the day’s movement in context. It reviews where the stock traded relative to its 50-day and 200-day averages, how the current valuation compares with the industry benchmark, and how ICICI Bank stacks up against named peers such as HDFC Bank, Kotak Mahindra Bank, Axis Bank, IDBI Bank and The Federal Bank.
ICICI Bank (ICICIBANK) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,398 |
| Previous Close | Rs 1,428 |
| Today's Move | -Rs 30.00 (-2.1%) |
| Open | Rs 1,421.55 |
| High | Rs 1,424.7 |
| Low | Rs 1,396 |
| Turnover | Rs 44.75 crore |
| Market Capitalisation | Rs 10,21,346.28 crore |
| Market Cap Category | Large Cap |
ICICI Bank Share Price opened at Rs 1,421.55 versus the previous close of Rs 1,428, indicating early weakness. The stock then touched a high of Rs 1,424.70, but selling pressure kept it from recovering to the prior closing level. It later moved down to Rs 1,396 and was trading at Rs 1,398 at the supplied timestamp.
That leaves the stock close to the lower end of the session range. In simple terms, the day was not defined by wide recovery swings; instead, the numbers show a session where the lower band stayed relevant through the afternoon. For traders and short-term market watchers, that makes the day low of Rs 1,396 an important reference level in the near term.
The stock also sits very close to its 50-day moving average of Rs 1,428.19, but below it on the supplied price. At the same time, it remains above the 200-day moving average of Rs 1,362.18. This creates a mixed technical picture: weaker than the medium-term average, yet still above the longer-term trend marker. RSI stands at 49.35, which points to broadly neutral momentum rather than an extreme reading.
ICICI Bank (ICICIBANK) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 10,21,346.28 crore |
| P/E Ratio | 18.27x |
| P/B Ratio | 2.74x |
| ROE | 17.36% |
| ROCE | 16.51% |
| EPS | Rs 78.15 |
| Book Value Per Share | Rs 520.9 |
| Dividend Yield | 0.84% |
On fundamentals, ICICI Bank remains a very large listed private bank with a P/E ratio of 18.27 and a P/B ratio of 2.74. These figures suggest the stock is not positioned at the low end of private-bank valuations, even after the day’s decline. The market is still assigning a meaningful premium to its book value relative to many industry names.
Profitability metrics remain notable in the supplied data. ROE stands at 17.36% and ROCE at 16.51%, both comfortably in double digits. EPS is Rs 78.15, while book value per share is Rs 520.9. Dividend yield is 0.84%.
Taken together, these figures show a bank with scale, profitability and established valuation support, though not one trading at especially compressed multiples within its industry set. That matters because when a large bank stock declines in a session, the market often weighs not only the price move itself but also whether the underlying valuation already reflects strong operating quality.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Bank |
| Industry | Bank – Private |
| Benchmark Scope | same industry |
| Company P/E Ratio | 18.27x |
| Benchmark Median P/E | 14.21x |
| Benchmark Average P/E | 19.73x |
| Benchmark P/E Range | 7.06x to 71.25x |
| Company P/B Ratio | 2.74x |
| Benchmark Median P/B | 1.34x |
| Benchmark Average P/B | 1.53x |
| Company ROE | 17.36% |
| Benchmark Median ROE | 11.33% |
| Benchmark Average ROE | 8.52% |
| Company ROCE | 16.51% |
| Benchmark Median ROCE | 11.04% |
| Benchmark Average ROCE | 9.7% |
| Company Market Capitalisation | Rs 10,21,346.28 crore |
| Benchmark Median Market Cap | Rs 16,523.24 crore |
| Benchmark Average Market Cap | Rs 1,26,870.06 crore |
ICICI Bank operates in the Bank sector and the Bank – Private industry. The supplied industry benchmark spans 29 companies, which helps frame the valuation discussion more usefully than a single-stock comparison.
Its P/E ratio of 18.27 is above the industry median of 14.21, but below the average of 19.73. On price-to-book, the stock stands at 2.74, well above the benchmark median of 1.34 and average of 1.53. So on both earnings and book-value lenses, especially the latter, ICICI Bank trades richer than much of the private-bank pack represented in the dataset.
Profitability tells a different story. ROE of 17.36% is above the benchmark median of 11.33% and average of 8.52%, while ROCE of 16.51% is above the median of 11.04% and average of 9.7%. The company’s market capitalisation of Rs 10,21,346.28 crore is also far above the benchmark median market cap of Rs 16,523.24 crore and the average of Rs 1,26,870.06 crore. That combination of size and returns helps explain why the stock often attracts close attention when it moves.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| HDFC Bank | HDFCBANK | 10,99,262.18 | 13.87 | 1.82 | 14.41 | 12.81 |
| Kotak Mahindra Bank | KOTAKBANK | 4,22,626.17 | 20.7 | 2.25 | 11.33 | 12.05 |
| Axis Bank | AXISBANK | 3,96,316.12 | 14.21 | 1.78 | 13.26 | 11.04 |
| IDBI Bank | IDBI | 97,502.78 | 10.47 | 1.56 | 16.5 | 14.76 |
| The Federal Bank | FEDERALBNK | 84,792 | 18.04 | 2.13 | 12.29 | 10.98 |
Among the supplied peers, HDFC Bank is the only one with a larger market capitalisation at Rs 10,99,262.18 crore. ICICI Bank is larger than Kotak Mahindra Bank at Rs 4,22,626.17 crore, Axis Bank at Rs 3,96,316.12 crore, IDBI Bank at Rs 97,502.78 crore and The Federal Bank at Rs 84,792 crore.
On valuation, ICICI Bank’s P/E of 18.27 is above HDFC Bank, Axis Bank, IDBI Bank and The Federal Bank, but below Kotak Mahindra Bank’s 20.7. Its P/B of 2.74 is above all five of the supplied peers, including HDFC Bank at 1.82 and Kotak Mahindra Bank at 2.25.
On returns, however, the bank compares strongly. ROE of 17.36% is above HDFC Bank’s 14.41%, Kotak Mahindra Bank’s 11.33%, Axis Bank’s 13.26%, IDBI Bank’s 16.5% and The Federal Bank’s 12.29%. ROCE of 16.51% is also above the figures listed for all of these peers. In short, the stock carries a richer valuation, but the supplied profitability data is also stronger than the peer set shown here.
Why Investors Are Watching ICICI Bank
- ICICI Bank Share Price declined 2.1% to Rs 1,398 in today’s session.
- The stock traded near its intraday low of Rs 1,396.
- It is below the 50-day moving average of Rs 1,428.19, but above the 200-day moving average of Rs 1,362.18.
- RSI at 49.35 suggests neutral momentum, not an extreme reading.
- ROE and ROCE remain above both industry median and average levels in the supplied benchmark.
- The bank’s market cap keeps it central to private-bank and broader market tracking.
About ICICI Bank
ICICI Bank is part of the Bank sector and Bank – Private industry. In the supplied data universe, it is one of the largest listed private banks by market value. That size alone makes its daily moves relevant to readers following large-cap financials, sector rotation and headline market breadth.
The stock’s current profile combines scale, above-benchmark profitability and comparatively richer valuation multiples. As a result, one weak session does not by itself explain a broader trend, but it does bring key technical and comparative metrics into focus.
Track ICICI Bank Share Price on Univest
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is ICICI Bank Share Price falling today?
Ans. The supplied data confirms that the stock is down 2.1% or Rs 30 today, from Rs 1,428 to Rs 1,398. However, the verified dataset does not provide a company-specific reason for the decline.
What is ICICI Bank Share Price Today?
Ans. ICICI Bank Share Price Today is Rs 1,398 as of the supplied timestamp. The stock opened at Rs 1,421.55, touched a high of Rs 1,424.70 and a low of Rs 1,396.
What does today’s intraday range indicate?
Ans. The stock traded between Rs 1,396 and Rs 1,424.70. Since the current price is close to the session low, the lower end of the range remains an important near-term level to monitor.
How is ICICI Bank valued compared with its industry?
Ans. It trades at a P/E of 18.27, above the same-industry median of 14.21 but below the average of 19.73. Its P/B of 2.74 is above both the industry median of 1.34 and average of 1.53.
How profitable is ICICI Bank compared with private bank benchmarks?
Ans. The supplied figures show ROE of 17.36% and ROCE of 16.51%. Both are above the industry median and average values in the benchmark dataset. Comparable listed companies include HDFC Bank, Kotak Mahindra Bank, Axis Bank.
How does ICICI Bank compare with HDFC Bank, Axis Bank and Kotak Mahindra Bank?
Ans. Its market capitalisation is below HDFC Bank’s but above Kotak Mahindra Bank’s and Axis Bank’s in the supplied peer set. Its ROE is also higher than the listed ROE figures for all three.
What should investors monitor next?
Ans. Key markers from the supplied data include the day low of Rs 1,396, the 50-day moving average of Rs 1,428.19, the 200-day moving average of Rs 1,362.18, and whether valuation continues to look rich relative to peers while profitability remains.
