My Blog


ICICI Bank: Should you buy this Nifty stock post Q4 results? Here are share price targets

ICICI Bank rate goals: ICICI Bank’s Q4 profit met analyst estimates however its margin got here in higher than expectancies. Credit cost fell at the same time as asset best advanced, as a few analysts upped their goal costs at the inventory post quarterly income. ICICI Bank is much less susceptible to regulatory lapses than peers, stated analysts as they upped their earnings and rate estimates for the private lender publish Q4 outcomes. shippmore


Nuvama stated ICICI Bank’s loan growth become a leave out by 1 consistent with cent but the effects had been strong seeing that core net hobby margin (NIM) turned into flat sequentially against an expected decline. Opex moderated while precise credit score cost held low at 28 basis points, it stated at the same time as revising its FY25E and FY26 EPS estimates by five-6 consistent with cent. growingbaker


“This together with a rollover in base pushes up the goal charge to Rs 1,295 from Rs 1,two hundred). ICICI Bank remains the most steady in handing over middle earnings and granular growth. With an early-mover advantage in leveraging era for growth and threat management, we view ICICI Bank as less vulnerable to regulatory lapses than peers, not to mention the moderation in opex much in advance of friends,” it said. restfultrip


CLSA has upped its goal at the stock to Rs 1,350. Nomura India finds the stock worth Rs 1,335. JPMorgan is obese on ICICI Bank with a goal of Rs 1,three hundred at the same time as Bernstein sees the banking share at Rs 1,150. homeimprove4u


“We continue to be fine on ICICI Bank given its wholesome increase outlook and earnings trajectory with go back ratios expected to remain wholesome. While the momentum in balance sheet increase is predicted to stay sturdy, the financial institution has guided that the NIM will continue to be below pressure in the close to term. We expect profits to clock a CAGR of 13.2% over FY24-FY26E,” said Nirmal Bang. budgetsbyte


This brokerage has upped its target on ICICI Bank to Rs 1,315 from Rs 1,264.


Motilal Oswal Securities stated ICICI Securities’ Q4 outcomes have been driven through healthful NII and controlled opex and provisions backed by using healthful asset first-class. dreamingcare


“The stable mix of a excessive-yielding portfolio (Retail/Business Banking) and endured traction in BB, SME, and secured retail drove vast-based totally growth, which helped to preserve healthful commercial enterprise diversification. Although the pace of NIM contraction has decelerated (3bp QoQ), chronic investment price stress may additionally maintain margins low,” it stated. travelsbea


This brokerage has upped its EPS estimates with the aid of 2 according to cent for FY26, with little exchange to its FY25 outlook. It reiterated ‘BUY’ with a revised SoTP-primarily based target rate of Rs 1,three hundred (towards Rs 1,250 earlier). indiacelebsbuzz

Disclaimer: Business Today gives stock market news for informational purposes best and should now not be construed as funding recommendation. Readers are recommended to discuss with a certified economic guide earlier than making any investment decisions. updateonfashion


Icici Bank Share Price Today : On the remaining day, ICICI Bank opened at ₹1112.15, reached a high of ₹1116.45, and a low of ₹1102.Sixty five earlier than final at ₹1113.05. The market cap stood at 777750.22 crore, with a 52-week excessive of ₹1125 and a low of ₹895. The BSE volume for the day become 508151 stocks traded. wedslearn


Icici Bank reached a excessive of 1163.25 and a low of 1152.75 within the previous buying and selling hour. In the final hour, the inventory charge moved above the hourly resistance of 1158.Fifty seven (Resistance stage 1), suggesting bullish momentum. thehomesimproving

Q4 effects of these non-public quarter banks were marked by using a quicker boom in deposits amid moderating credit score increase. All these three pinnacle private creditors HDFC Bank, ICICI Bank, and Axis Bank suggested a quicker deposit increase in Q4FY24 as compared with the credit boom. literaryinfos


The buying and selling volume of ICICI Bank until 1 PM has improved by way of ninety five.99% as compared to yesterday, even as the charge is at ₹1156.95, up by using four.Five%. Trading volume, together with rate, is a key indicator for reading developments. A upward thrust in charge accompanied through better quantity suggests a sustainable upward trend, while a drop in rate with expanded extent may want to sign further price declines. flavorsfeast


Icici Bank’s stock reached a high of 1154.6 and a low of 1142.3 in the preceding trading hour. In the final hour, the stock fee handed each the hourly resistances at 1148.35 and 1151.Nine, suggesting superb marketplace sentiment. Traders might also want to recollect using trailing stop losses to guard their earnings. market24daily


An growth in futures charge and open interest for ICICI Bank suggests capacity for a high-quality charge motion. Traders may additionally remember keeping onto their long positions.


ICICI Bank’s buying and selling extent until 12 AM is seventy two.Ninety one% better than the day gone by, while the charge is currently at ₹1146.Four, up through three.Fifty five%. Both extent traded and price are vital signs for studying traits. A tremendous price motion observed by means of better volume indicates a sustainable upward trend, while a poor rate movement with expanded volume should signal similarly decline in fees. healthifies


Icici Bank reached a high of 1144.8 and a low of 1134.15 inside the preceding buying and selling hour. In the final hour, the inventory rate handed each the hourly resistances of 1138.32 and 1141.03, suggesting a tremendous market sentiment. Traders may want to recollect using trailing prevent losses to guard their profits. crankytravel

Motilal Oswal maintained a ‘Buy’ rating on ICICI Bank, with a revised Target Price of Rs 1,three hundred in step with percentage. The brokerage highlighted that the financial institution’s solid quarter became driven by sturdy Net Interest Income (NII) and disciplined management of operating charges and provisions. teachzies


Despite a slight slowdown in Net Interest Margin (NIM) contraction, ongoing pressure on investment prices may additionally retain to have an effect on margins, said the brokerage. departuress


However, improvements in asset nice have brought about a tremendous decline in each Gross and Net Non-Performing Asset (GNPA/NNPA) ratios, it introduced. seriesonweb


Nuvama Institutional Equities stated ICICI Bank’s Q4 results had been strong notwithstanding lacking loan boom through 1%. The brokerage highlighted ICICI Bank’s flat core net interest margin (NIM) sequentially, along side moderated Opex and occasional unique credit score expenses as positives. thebestvibe

Leave a comment

Your email address will not be published. Required fields are marked *