The Economic Times
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| 28 April, 2021, 09:38 PM IST | E-Paper
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    For ICICI Securities increased trading a boon: Reasons why it is stock pick of the week

    Synopsis

    ICICI Securities has reported strong results for 2020-21. Besides, strong client additions of 3.5 lakh during the fourth quarter and broad basing of its client acquisitions with digital sourcing plans are the factors that have made the company a favourite of analysts.

    With another set of robust numbers for the last quarter, ICICI Securities has reported strong results for 2020-21. Its net profit for the last quarter jumped by 24% q-o-q and 110% y-o-y and this has helped ICICI Sec to double its net profit for the year to Rs 1,067.55 crore from Rs 536.71 crore. Analysts are getting bullish on this counter now because the fourth quarter numbers were also well above the street expectations. Its fourth quarter and
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