Matrimony downgraded by ICICI Sec despite 167% rise in Q2 PAT; stock skids
ICICI Bank moved higher in a quarterly results development for Q2FY27.
· Business Standard Mkts
Matrimony's consolidated profit in Q2FY27 increased by 167.3 per cent Y-o-Y to ₹20.7 crore.
Key facts
- Period
- Q2FY27
The analysis
ICICI Bank reported ₹20.7 crore for Q2FY27, with movement of 167% and 167.3% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.0% on the day at ₹1,587.00, and has returned +9.9% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The banks sector has moved +2.5% over the same period, so ICICI Bank is running 7.4 points ahead of its peers.
For ICICI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: ICICI Bank (ICICIBANK), in Banks.
- Over three months: ICICI Bank +9.9% against Banks +2.5% (7.4 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ICICI BankICICIBANK · Banks | ₹1,587.00 | +1.0% | +16.0% | +9.9% | -0.1% | 0.7× | — |
Banks
1M +6.3% · 3M +2.5%
ICICI Bank
Prices as of 12 Nov 2026, 13:48 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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