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    Buy ICICI Bank, target price Rs 1115: JM Financial

    Synopsis

    Promoters held 0 per cent stake in the company as of 31-Dec-2022, while FIIs owned 45.11 per cent, DIIs 44.09 per cent.

    ICICI BankAgencies
    ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 614222.33 Crore).
    JM Financial has buy call on ICICI Bank with a target price of Rs 1115. The current market price of ICICI Bank is Rs 881.3. ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 614222.33 Crore).

    ICICI Bank 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 31-12-2022, the company has reported a Consolidated Total Income of Rs 47859.50 Crore, up 5.93 % from last quarter Total Income of Rs 45178.22 Crore and up 20.05 % from last year same quarter Total Income of Rs 39865.80 Crore. The bank has reported net profit after tax of Rs 9538.82 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 0 per cent stake in the company as of 31-Dec-2022, while FIIs owned 45.11 per cent, DIIs 44.09 per cent.
    (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
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