ICICI Bank Stocks: Buy ICICI Bank; Target price Rs 1150: Axis Securities | Techno Glob


Axis Securities has a buy call on ICICI Bank with a target price of Rs 1150. Current market price. 906.8 rupees. Ltd. was established in 1994, A banking company (market capitalization Rs. 632054.41).

ICICI BANK LTD. interest and discount on bills and interest in key product/income segments; income from investment; Includes RBI and other inter-bank funds and interest rates for the year ending 31-Mar-2022.

Finance

For the quarter ended 30-09-2022, the company posted a total revenue of Rs 45178.22 crore against a total revenue of Rs 39218.33 crore and an increase of 15.20% from a total revenue of Rs 4948.4 crore in the same quarter last year. The bank reported a net profit after tax of Rs 8006.99 crore in the last quarter.

Promoter/FII Holdings
Promoters held 0 percent stake in the company as of June 30-2022, while FIIs held 43.54 percent; DII owns 45.33 percent.

(Disclaimer: The recommendations given in this section or the reports attached hereto are written by a third party. The views expressed are the views of the respective authors/organizations. They do not represent the views of Economic Times (ET). ET does not guarantee, vouch, endorse any of its contents and hereby disclaims all warranties. , EXPRESS OR IMPLIED DISCLAIMS RELATING TO SAME.PLEASE CONSULT YOUR FINANCIAL ADVISOR AND GET INDEPENDENT ADVICE.



Source link