Agencies Broking has buy call on with a target price of Rs 910. The current market price of ICICI Bank Ltd. is Rs 882.25. ., incorporated in the year 1994, is a banking company (having a market cap of Rs 613863.54 Crore).
ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 39218.33 Crore, down -8.44 % from last quarter Total Income of Rs 42834.06 Crore and up .94 % from last year same quarter Total Income of Rs 38852.60 Crore. The bank reported net profit after tax of Rs 7384.53 Crore in latest quarter.
Investment Rationale
A top performer in the banking space. Recent pause around the record high is a buying opportunity
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 43.54 per cent, DIIs 45.33 per cent.
ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 39218.33 Crore, down -8.44 % from last quarter Total Income of Rs 42834.06 Crore and up .94 % from last year same quarter Total Income of Rs 38852.60 Crore. The bank reported net profit after tax of Rs 7384.53 Crore in latest quarter.
Investment Rationale
A top performer in the banking space. Recent pause around the record high is a buying opportunity
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 43.54 per cent, DIIs 45.33 per cent.
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