BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on ICICI Bank
Well placed to deliver a 17 per cent profit CAGR. Growth will be driven by healthy topline growth & cost efficiencies. Higher leverage could boost return on equities to 18 per cent. Corporate deleveraging will ease concerns on asset quality. Target Rs 1230.