BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
JP Morgan maintains overweight on ICICI Bank
Impact of current liquidity tightness is likely to be minimal for ICICI Bank. Even with rising credit costs, return on equity for ICICI Bank is likely to rise. Valuations are attractive at 1.5-times price book ratio. Target at Rs 1,100.