Benzinga - by Benzinga Insights, Benzinga Staff Writer.
ICICI Bank (NYSE:IBN) has outperformed the market over the past 5 years by 4.7% on an annualized basis producing an average annual return of 18.78%. Currently, ICICI Bank has a market capitalization of $84.76 billion.
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 5 years ago, it would be worth $2,427.86 today based on a price of $24.17 for IBN at the time of writing.
ICICI Bank's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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