Sell ICICI Bank, target Rs 265: Manas Jaiswal
ETMarkets.com|
Oct 06, 2017, 08.54 AM IST
Manas Jaiswal of manasjaiswal.com has a sell call on ICICI Bank with a target price of Rs 265.
The current market price of ICICI Bank is Rs 271.75.
Time period given by the analyst is intraday when ICICI Bank price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 276.
ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 1,74,268.65 Crore).
ICICI Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 39,603.39 Crore to Sales Value (73.12 per cent of Total Sales), Income From Investment which contributed Rs 11,377.07 Crore to Sales Value (21 per cent of Total Sales), Interest which contributed Rs 2,680.35 Crore to Sales Value (4.94 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 495.46 Crore to Sales Value (0.91 per cent of Total Sales)for the year ending 31-Mar-2017.
The current market price of ICICI Bank is Rs 271.75.
Time period given by the analyst is intraday when ICICI Bank price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 276.
ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 1,74,268.65 Crore).
ICICI Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 39,603.39 Crore to Sales Value (73.12 per cent of Total Sales), Income From Investment which contributed Rs 11,377.07 Crore to Sales Value (21 per cent of Total Sales), Interest which contributed Rs 2,680.35 Crore to Sales Value (4.94 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 495.46 Crore to Sales Value (0.91 per cent of Total Sales)for the year ending 31-Mar-2017.
