Buy ICICI Bank, target Rs 336: Kunal Bothra
ETMarkets.com|
Nov 01, 2017, 11.59 AM IST
Independent analyst Kunal Bothra has a buy call on ICICI Bank with a target price of Rs 336.
The current market price of ICICI Bank is Rs 314.20.
Time period given by the analyst is intraday when ICICI Bank price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 300.
ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 1,92,473.24 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 314.20.
Time period given by the analyst is intraday when ICICI Bank price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 300.
ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 1,92,473.24 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.
