News Preview

ICICI Bank Share Price Live Updates: ICICI Bank's Recent Performance Raises Concerns

ICICI Bank Share Price Live Updates: ICICI Bank's Recent Performance Raises Concerns

ICICI Bank's share price has been volatile recently, raising concerns among investors. The bank's recent performance has been mixed, with profits down 54% in the March quarter compared to last year.

The bank's managing director, Sandeep Bakhshi, has attributed the decline to higher provisions for bad loans and a slowdown in economic activity.

Meanwhile, Infosys' share price has been on an upward trend, reflecting the company's strong performance in the IT sector. The company recently reported a 20.3% increase in consolidated net profit for the quarter ended March 31, 2023.

Infosys' CEO, Salil Parekh, has attributed the growth to strong demand for digital services and a focus on automation and artificial intelligence.

Want to stay up to date with the world events at sea or at home?

Explore Navvyx News - the best News app for seafarers.