BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA maintains buy on ICICI Bank
Current valuation of ICICI Bank is at steep discount to its peers. Credit costs to drag down profit. Gains from stake sale in insurance business will be a boost to profit. Deleveraging of key groups is key to re-rating of the stock.