ICICI Bank (NYSE:IBN) has outperformed the market over the past 20 years by 7.07% on an annualized basis producing an average annual return of 14.08%. Currently, ICICI Bank has a market capitalization of $61.67 billion.
Buying $100 In IBN: If an investor had bought $100 of IBN stock 20 years ago, it would be worth $1,373.45 today based on a price of $17.73 for IBN at the time of writing.
ICICI Bank's Performance Over Last 20 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.
