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icici bank share price: ICICI Bank shares jump 5%, hit 52-week high on strong Q3 earnings Should you buy?

ICICI Bank shares jumped 5% and hit their 52-week high of Rs 1,059.40 on the NSE on Tuesday after the second-largest private lender reported December quarter earnings which were better than Street s estimates. Top brokerages including Jefferies, Kotak Institutional Equities and Nuvama retained their buy rating on the stocks. ICICI Bank on Saturday reported a 23.6% year-on-year (YoY) growth in its profit after tax to Rs 10,272 crore for the quarter ended December 2023.

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