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ICICI Securities Ltd (ISEC)

₹726.70.45%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

ICICI Securities Ltd share Performance

  • ₹721.7
    ₹730.7
    ₹726.7
    downward going graph

    0.69%

    Low

    Day's Volatility:1.24%

    High

    0.55%

    downward going graph
  • ₹488.5
    ₹866.45
    ₹726.7
    downward going graph

    32.78%

    Low

    52 Weeks Volatility:52.01%

    High

    19.23%

    downward going graph
1 Month Return-1.96 %
3 Month Return-12.65 %
1 Year Return+ 46.29 %
Previous Close₹729.95
Open₹729.85
Volume1.40L
Upper Circuit-
Lower Circuit-
Market Cap₹23,620.06Cr

Analyst Rating

based on 3 analysts

HOLD
33.33%
Buy
66.67%
Hold
0.00%
Sell

Based on 3 analysts offering long term price targets for ICICI Securities Ltd. An average target of ₹641.67

Source: S&P Global Market Intelligence

Company Information

ICICI Securities Ltd is a leading integrated technology-based securities firm offering a range of financial services, including retail and institutional broking, financial product distribution, private wealth management, and issuer and advisory services. It is one of the pioneers in the ebrokerage business and is the largest equity broker in India since 2014, as measured by brokerage revenue and active customers. ICICI Securities has a 3in1 account which links its electronic brokerage platform with customers' savings bank and dematerialised accounts held with ICICI Bank. Their services and products range from equities, derivatives and research to third-party products like mutual funds, insurance products, fixed deposits, and more. Institutional investors are serviced through dedicated sales teams and the Company provides them with a variety of financial advisory services, such as financial planning, equity portfolio advisory, access to alternative investments, retirement planning and estate planning. ICICI Securities was incorporated in 1995 and has been continuously expanding its services ever since. In FY 2020, the Company launched “One Click Investment Plan” and “Automated Integrated Portfolio Evaluation”, while in FY 2021, it launched “Premium Portfolios” and “Commodity Derivatives Trading”. As of March 31 2022, ICICI Securities has two subsidiaries: ICICI Securities Inc. and ICICI Securities Holdings Inc. subsidiary of ICICI Securities Inc.

Share Price: ₹726.70 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹23,620.06Cr as of today
Revenue: ₹0.00Cr as on March 2024 (Q1 24)
Net Profit: ₹536.53Cr as on March 2024 (Q1 24)
Listing date: 04 Apr, 2018
Chairperson Name: Vinod Dhall
OrganisationICICI Securities Ltd
HeadquartersNavi Mumbai
IndustryStock/ Commodity Brokers
E-voting on sharesClick here to vote

Key events for ICICI Securities Ltd

  • ICICI Securities Faces Class Action Lawsuit - 21 May, 2024

    A portfolio manager and 100 investors have filed a class action lawsuit against ICICI Securities, claiming significant undervaluation through a swap-ratio based on old data. The case challenges exemptions granted by the market regulator that enabled I-Sec's delisting, which is now a wholly-owned subsidiary of parent company ICICI Bank. SEBI is also a respondent in this case.

  • ICICI Securities Faces Class Action Suit and Outage - 17 May, 2024

    Over 100 minority shareholders of ICICI Securities have filed a class action suit against the company's delisting plans. Meanwhile, ICICI Direct experienced a major outage, leading to investor frustration and demands for compensation.

  • ICICI Securities Shareholder Vote Challenged - 16 May, 2024

    More than 100 public, non-institutional investors have come together to challenge the validity of a shareholder vote in March, approving the delisting of ICICI Securities. The petitioners contend that the merger ratio is skewed against shareholders and their class has lost over $200 million.

  • ICICI Securities Delisting Plan Faces Opposition - 15 May, 2024

    ICICI Securities faces opposition to its delisting plan as over 100 shareholders initiate a class-action lawsuit against the company's merger with ICICI Bank. While 16 domestic mutual funds vote in favor of the delisting, seven oppose it. The National Company Law Tribunal postpones the delisting case until July due to concerns about potential breaches of shareholder privacy and manipulation of the voting process.

  • ICICI Securities Case Deferred by NCLT - 14 May, 2024

    The National Company Law Tribunal has postponed the ICICI Securities case, wherein non-institutional minority shareholders challenged its delisting and merger with ICICI Bank. The case is now expected to be heard in July.

  • ICICI Securities Faces Allegations of Coercion from Minority Shareholders - 13 May, 2024

    ICICI Securities is facing allegations of coercion from minority shareholders who claim that employees of ICICI Bank contacted them to influence their votes on the delisting proposal. The Securities and Exchange Board of India has launched an investigation into the matter.

  • SEBI Conducting Preliminary Enquiries in ICICI Securities Delisting Case - 10 May, 2024

    ICICI Securities' delisting process is under scrutiny by SEBI due to concerns raised by shareholders regarding inappropriate valuation, swap ratio, and attempts by ICICI Bank to influence the vote. Despite opposition from retail shareholders, institutional shareholders managed to swing the vote results in favour of delisting on March 28. However, SEBI requires that votes in favour must be at least two times higher than those against it. Non-institutional public shareholders held 8.55% in the company as of Dec. 31, 2023.

  • ICICI Securities Delisted, Shareholders File Complaints - 07 May, 2024

    ICICI Securities was delisted and merged with its parent company, ICICI Bank, following a shareholder vote in March. Many retail shareholders disagreed with the valuation at which it was being delisted. Over 500 shareholders have since filed complaints with SEBI regarding data privacy issues and potential interference from ICICI Bank employees.

  • ICICI Securities Faces Delisting Questions - 01 May, 2024

    Minority shareholders of ICICI Securities are questioning the rationale behind mutual funds that bought shares at a premium only to vote in favor of delisting. However, the primary market has been shielded from external factors by robust inflows.

  • ICICI Securities Faces Class Action Suit Against Delisting Plans - 29 Apr, 2024

    Minority shareholders of ICICI Securities have filed a class action suit with the National Company Law Tribunal (NCLT) against the proposed delisting plan, which includes a share swap ratio. The plan was approved by public shareholders in March despite opposition from some retail shareholders.

  • ICICI Securities Faces Legal Action Over Delisting Plan - 28 Apr, 2024

    A group of minority shareholders led by investor Manu Rishi Gupta have filed a class action suit with the National Company Law Tribunal against ICICI Securities over its delisting plan. The shareholders allege that due process was not followed, there were irregularities in valuation, and attempts to influence voting. Quantum Advisors has also alleged flaws in the merger scheme. ICICI Bank is facing criticism for allegedly persuading minority shareholders to back the private lender's bid to delist the brokerage.

  • Investors Plan to Oppose ICICI Securities Delisting - 24 Apr, 2024

    ICICI Securities, the broking arm of ICICI Bank, is set to be delisted from Indian bourses. A group of investors led by Manu Rishi Gupta plans to approach the National Company Law Tribunal (NCLT) against ICICI Bank's bid to delist its broking arm. Shareholders will also oppose the share swap ratio offered by ICICI Bank for the delisting.

Fundamentals of ICICI Securities Ltd

Insights on ICICI Securities Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.33% to 10.43% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 794.76 Cr → 1.54K Cr (in ₹), with an average increase of 8.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.12% to 3.16% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 262.68 Cr → 536.53 Cr (in ₹), with an average increase of 15.3% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Authum Investment & Infrastructure Ltd has given 292.2% return, outperforming this stock by 245.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Authum Investment & Infrastructure Ltd has given 2055.2% return, outperforming this stock by 2028.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 8.55% to 7.44% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 74.77% to 74.73% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, ISEC stock has moved down by -12.7%

ICICI Securities Ltd Valuation

ICICI Securities Ltd in the last 5 years

  • Overview

  • Trends

Lowest (9.80x)

May 26, 2022

Today (13.84x)

May 24, 2024

Industry (36.63x)

May 24, 2024

Highest (32.42x)

February 20, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
ICICI Prudential Bluechip Fund Direct Plan GrowthICICI Prudential Bluechip Fund Direct Plan Growth0.46%
Kotak Multicap Fund Direct GrowthKotak Multicap Fund Direct Growth1.35%
WhiteOak Capital Flexi Cap Fund Direct GrowthWhiteOak Capital Flexi Cap Fund Direct Growth3.35%
Mahindra Manulife Small Cap Fund Direct GrowthMahindra Manulife Small Cap Fund Direct Growth1.67%
UTI-Dividend Yield Fund -Growth-DirectUTI-Dividend Yield Fund -Growth-Direct1.64%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
74.73%
0.00
Foreign Institutions
10.43%
0.00
Mutual Funds
3.16%
0.00
Retail Investors
7.44%
0.00
Others
4.23%
0.00

Technicals of ICICI Securities Ltd share

News & Events of ICICI Securities Ltd

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ICICI Securities Ltd (ISEC) share price today is ₹726.7

ICICI Securities Ltd is listed on NSE

ICICI Securities Ltd is listed on BSE

  • Today’s highest price of ICICI Securities Ltd is ₹730.7.
  • Today’s lowest price of ICICI Securities Ltd is ₹721.7.

PE Ratio of ICICI Securities Ltd is 13.84

PE ratio = ICICI Securities Ltd Market price per share / ICICI Securities Ltd Earnings per share

Today’s traded volume of ICICI Securities Ltd(ISEC) is 1.40L.

Today’s market capitalisation of ICICI Securities Ltd(ISEC) is ₹23620.06Cr.

ICICI Securities Ltd(ISECPrice
52 Week High
₹866.45
52 Week Low
₹488.5

ICICI Securities Ltd(ISEC) share price is ₹726.7. It is down -16.13% from its 52 Week High price of ₹866.45

ICICI Securities Ltd(ISEC) share price is ₹726.7. It is up 48.76% from its 52 Week Low price of ₹488.5

ICICI Securities Ltd(ISECReturns
1 Day Returns
-3.25%
1 Month Returns
-1.96%
3 Month Returns
-12.65%
1 Year Returns
46.29%