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ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

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ICICI appoints Sandeep Bakhshi as COO

Setting aside rife speculations about the change of leadership, ICICI Bank has appointed Sandeep Bakhshi as Wholetime Director and Chief Operating Officer (COO) of the Bank.

 

Bakhshi will report to Chanda Kochhar, MD & CEO of ICICI Bank, who is on leave as a result of an inquiry on loans allocated to Videocon Industries. Bakhshi will be responsible for all the business functions of the bank. In his previously role, Bakhshi was MD & CEO, of ICICI Prudential Life Insurance Company.

 

With this appointment, ICICI Bank's board has given some direction to the market regarding the succession plan at the bank. Also, the board has recommended the appoint of NS Kannan as the MD & CEO of ICICI Prudential.

 

Meanwhile, the stock of ICICI Bank seems to have factored in this development, at 10:28 hours, ICICI Bank was quoting Rs. 290.30 per share, up by 0.75 per cent on Monday, while the benchmark index BSE Sensex was trading at 35,378.22, down by 170.04 points or 0.48 per cent.

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