NSE: ICICIBANK · 3 November 2026
- ICICI Bank Ltd. shares moved higher today, gaining 2.67% to trade at ₹1,424.50. The stock opened at ₹1,406.30 and touched an intraday high of ₹1,431.20 and a low of ₹1,395.60, remaining positioned in the upper half of the daily price range.
- The bank informed exchanges that it received an Order in Appeal from the Additional Commissioner of State Taxes in Telangana, confirming a tax penalty of ₹6,95,418. ICICI Bank disclosed that it will file an appeal contesting the order within prescribed timelines.
- Trading volume was 1.40 times the 20-day average daily volume.
Why is Icici Bank share price rising on 3 November 2026?
ICICI Bank Ltd. shares moved higher today, gaining 2.67% to trade at ₹1,424.50. The stock opened at ₹1,406.30 and touched an intraday high of ₹1,431.20 and a low of ₹1,395.60, remaining positioned in the upper half of the daily price range.
The broader market demonstrated positive momentum, with the Nifty rising 1.58% and the Nifty Financial Services sector benchmark also participating in the broader market advance. ICICI Bank's upward movement outpaced the broader headline index gain, aligning with positive sector sentiment and sustained buying interest in major private sector banking constituents.
In recent operational developments, the bank has continued routine equity allotments under employee stock option schemes, including an allotment of 62,879 shares approved on November 3, 2026. Additionally, the bank recently updated exchanges regarding a goods and services tax penalty appeal from the Telangana tax department involving ₹6,95,418, which is subject to further contestation. While these corporate updates provide ongoing operational context, they operate alongside existing structural tailwinds such as healthy credit growth and strong asset quality metrics highlighted in recent quarterly earnings and brokerage coverage.
1.73 crore shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 1.24 crore shares (1.40 times). The five-day average daily volume was 1.14 crore shares. Separately, the NSE report for 2 November 2026 showed 59.67 lakh shares delivered, representing 65.98% of that day’s traded volume. The same report recorded 200,828 trades.
ICICI Bank shares moved up 2.67% amid strong cash-market participation, with trading volumes running above 20-day averages. The advance coincides with positive momentum across major financial sector benchmarks and ongoing institutional support.
Latest Company Developments
The bank informed exchanges that it received an Order in Appeal from the Additional Commissioner of State Taxes in Telangana, confirming a tax penalty of ₹6,95,418. ICICI Bank disclosed that it will file an appeal contesting the order within prescribed timelines.
Provides transparency on ongoing regulatory and tax litigation matters across state jurisdictions.
ICRA Limited and CARE Ratings Limited reaffirmed the credit ratings of the bank's facilities and instruments, assigning an [ICRA]AAA (Stable) rating to its long-term bonds and fixed deposits. The rating agencies highlighted the bank's strong systemic importance, robust capitalization profile with a CET I ratio of 16.01% as of September 30, 2026, and a well-supported granular deposit franchise.
Reaffirmation of top-tier credit ratings underscores the bank's robust financial stability and low borrowing costs.
Bank of India revises FD rates, launches 500-day deposit; ICICI Bank offers up to 7.20 percent interest Moneycontrol.com
ICICI Bank – FIIs increase stake: 11 Nifty stocks rally up to 50% in FY27 so far The Economic Times
ICICI Bank Limited has submitted to the Exchange, the unaudited financial results of the Bank (standalone and consolidated) for the quarter and six months ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 29.39% on 30 September 2026. This compares with 29.60% on 30 June 2026, a change of -0.21 percentage points.
The filing reported 64 MF/UTI holders.
Research & Brokerage Views
Favourable view on large private sector banking leaders based on growth and asset quality.
Backed by strong deposit franchise and robust capitalization metrics.
Reflects confidence in strong operating profitability and improving return metrics.
Historical Bulk / Block Deals
What to Watch Next
- Delivery percentage trends relative to the current 65.98% level
- Asset quality performance and retail slippage trends in upcoming quarters
- Transition progress toward the expected credit loss (ECL) framework ahead of April 2027
- Sustained momentum in credit growth and low-cost deposit mobilization
Other Dated Coverage
- Icici Bank Share Price Today: Why ICICIBANK Is Rising 0.63% | 26 October 2026 — 26 October 2026
- Icici Bank Share Price Today: Why ICICIBANK Is Falling 1.19% | 23 October 2026 — 23 October 2026
- Icici Bank Share Price Today: Why ICICIBANK Is Rising 0.97% | 22 October 2026 — 22 October 2026
More Icici Bank news and dated analysis →
Frequently Asked Questions
What is the latest Icici Bank company news?
The bank informed exchanges that it received an Order in Appeal from the Additional Commissioner of State Taxes in Telangana, confirming a tax penalty of ₹6,95,418. ICICI Bank disclosed that it will file an appeal contesting the order within prescribed timelines.
How strong was Icici Bank’s trading volume?
1.73 crore shares traded, 1.40 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.