ICICI Bank, one of the India's largest private sector banks, witnessed a sharp rise in share price on Thursday after the bank disclosed a sharp rise in standalone net profit for the quarter ended March 2017. During the quarter, the profit of the bank rose 2.88 times to Rs 20.24 billion from Rs 7.01 billion in the same quarter last year.

Shares of ICICI Bank are trading at Rs 295.75, up Rs 19.8, or 7.18% at the Bombay Stock Exchange (BSE) on Thursday at 9:45 a.m.

The scrip has touched an intra-day high of Rs 296.50 and low of Rs 283.90. The total volume of shares traded at the BSE is 6,856,693.

Total volume of shares traded on the bourses today was higher by 127.05% to 38,673,740 compared with 22-day average volume of 17,032,938.