BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Overweight on ICICI Bank: Morgan Stanley
The brokerage says ICICI Bank return on equity is expected to rise to 18 per cent by FY18. It advises investors to stay overweight on the stock, with 30 per cent upside to target. The upside will be greater if the bank manages capital efficiency, it said.