Explained: Why ICICI Bank stock hit record high today

ICICI Bank shares surged to a fresh record high on the stock market on Monday. Here is all you need to know.

Shares of ICICI Bank hit a record high on Monday as it rallied nearly 13 per cent on the stock market.

ICICI Bank’s stock hit an all-time high of Rs 859 on the stock market in early trade after the lender reported a nearly 30 per cent jump in net profit while announcing second quarter results.