Espresso shot of the day – ICICI Securities Ltd up by 8.19 percent

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Espresso shot of the day – ICICI Securities Ltd up by 8.19 percent

October 11, 2021
Espresso shot of the day – ICICI Securities Ltd up by 8.19 percent

ICICI SECURITIES LTD. 817.25 (+8.19 %) BSE – INE763G01038 | 11TH OCTOBER 2021


ICICI Securities Limited (I-Sec) is a subsidiary of ICICI Bank Ltd. The company began its operations in May 1995 and continues to grow its operations by expanding its client base and providing different types of services. I-Sec operates www.icicidirect.com, a virtual financial supermarket, meeting the three need-sets of its clients – investments, protection and borrowing. Through its four lines of businesses—broking, distribution of financial products, wealth management and investment banking—the company serves customers ranging from retail and institutional investors to corporates to high-networth individuals to the government. I-Sec is registered with the Securities and Exchange Board of India (SEBI) as a Stock Broker, Merchant Banker, Portfolio Manager, Investment Adviser and Research Analyst. It is also registered as Corporate Agent with the Insurance Regulatory and Development Authority of India (IRDAI) and Point of Presence (POP) with the Pension Fund Regulatory and Development Authority of India (PFRDA) for distribution of National Pension Scheme (NPS).

Recent Drivers

  • On Sept 24, 2021, the company allotted 3,930 equity shares of face value of Rs 5 each under the lClCl Securities Limited – Employees Stock Option Scheme, 2017.
  • On Sept 6, 2021, the company allotted 10,430 equity shares of face value of Rs 5 each under the ICICI Securities Limited – Employees Stock Option Scheme, 2017.
  • On Aug 25, 2021, the company announced the launch of ICICIdirect Markets app, a brand new trading app.
  • On Aug 24, 2021, the company allotted 120 equity shares of face value of Rs 5 each under the ICICI Securities Limited – Employees Stock Option Scheme, 2017.
  • On Aug 18, 2021, the company said that it has tied up with Interactive Advisors to offer curated portfolios of international stocks built on models constructed by leading global fund managers, for domestic retail investors.
  • On Aug 2, 2021, the company allotted 720 equity shares of face value of Rs 5 each under the ICICI Securities Limited – Employees Stock Option Scheme, 2017.
  • On July 22, 2021, the company reported quarterly net profit of Rs 309.05 crores in June 2021, up 59.71% from Rs 193.51 crores in June 2020.
  • On July 22, 2021, the company reported net sales of Rs 745.25 crores in June 2021, up 36.54% from Rs 545.83 crores in June 2020.
  • On July 26, 2021, the company allotted 5,580 equity shares of face value of Rs 5 each under the ICICI Securities Limited – Employees Stock Option Scheme, 2017.
(Sources: Moneycontrol, BSE India, ICICI Securities)


Technical Force*

  • S&P BSE 500 month till date gain up by 2.5%
  • Traded on all-time-high value: 823.2
  • 3 months avg. NSE volume: 8,24,828
  • Quantity traded: 98,296 | Deliverable quantity: 40,240 (40.94%)
  • Stock price has jumped more than 125% from one-year-low level: 357 (Jan 27, 2021)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 823.2 | 52-week-low: 357

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

  984.78

776.77

619.63

411.62

254.48

46.47

-

    -

Fibonacci Pivot

776.77

637.28

551.10

495.60

411.62

327.63

272.13

185.95

46.47


Today’s Close

817.25

SMA

BSE

10 DAY

764.76

20 DAY

753.87

50 DAY

732.32

200 DAY

562.16


Some Key Ratios (Source: BSE)

Market Cap: 26,363.79 crores

PE: 22.28

OPM%: 49.67

ROE%: 65.59

Promoters holding%: 74.92

Prev. Close: 755.35

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.