ICICIBNK (NSE-India)

ICICI Bank

Sector: This company belongs to Banking, Insurance

Last Updated: Jul 07, 2024

Investment / Trading advise for ICICI Bank

Recommendation at Rs. 370.00
52 Week High: Rs. 552.00, 52 Week Low: Rs. 268.00
Net Present Value of stcok (based on NPV Business operation): Rs. 229.55

RECENT FINANCIALS

Market
Market Capitalization: Rs. 255629.00 Cr
Equity Issued: Rs. 691.00 Cr
EPS: Rs. 11.48

Balance Sheet
Reserves & Surplus: Rs. 115206 Cr
Current Liability: Rs. 1164853 Cr

Operations
Net Profit: Rs. 7931.00 Cr

INVESTMENT PROJECTIONS AND RECOMMENDATIONS

For 1 Year
We recommend SELL at Rs.370.00
NOTE: The stock may not generate 12% in in the next 12 months as per our projection

For 2 Years
No fresh investment advised at Rs.370.00

For 3 Years
We advise SELL at Rs.370.00. No fresh investment.

Compelling Buy : At and below Rs. 228.18 (Worth every penny you invest)
Good Buying Range: (Rs. 228.18 - Rs. 311.54) (Start accumulating closer to its lower range)
Buy with caution: At and above Rs. 394.91 (Only for high risk long term investors and day traders)

CAUTION: Buying above Rs. 394.91 is not recommended as it would be a better SELL than BUY.

NOTE: Above Rs. 394.91, Use opportunities for day trade / weeekly trade / very short term trade with a strict stop loss.