ICICI Bank stocks: Buy ICICI Bank, target price Rs 1000: Axis Securities

[ad_1]

Axis Securities has buy call on ICICI Bank with a target price of Rs 1000. The current market price of . is Rs 816.8. Time period given by analyst is one year when Ltd. price can reach defined target.

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 572786.26 Crore).

ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.

Financials

For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 39218.33 Crore, down -8.44 % from last quarter Total Income of Rs 42834.06 Crore and up .94 % from last year same quarter Total Income of Rs 38852.60 Crore. The bank reported net profit after tax of Rs 8011.85 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 43.54 per cent, DIIs 45.33 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

[ad_2]

Source link

icici bankicici bank ltdICICI Bank stocksinvestmentmarket newsmarketsniftySensexstocks recommendationsstocks to buy
Comments (0)
Add Comment