Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
368.65
Change Change %
-1.35 -0.36%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
366.30
Change Change %
-3.30 -0.89%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Angel Broking
N/A
11-05-2016 Buy 224.65 254.00
N/A
Target Hit Long (1Y)
11-05-2017

Angel Broking maintains accumulate on ICICI Bank

Outlook on ICICI Bank's earnings remains challenging over next two years. However, at current levels downside remains limited. At current price ICICI Bank's banking business is trading at 1 times its FY2018 estimated book value per share. Current valuation adequately factor in the relatively stressed assets in the bank's book.

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