UBS maintained 'Buy' stance and has raised the target from Rs 570 to Rs 620. The brokerage thinks that all divisions of the private lender are focusing on risk calibrated pre-provisioning operating profit and improving profitability will lead to further rerating for the stock.
Nomura also maintained 'Buy' on the stock and increased price target to Rs 645 from Rs 610. It said that ICICI Bank is building sustainable income avenues with increased granular income streams across businesses. The bank has also de-risked its corporate asset book and focus remains on growing core pre-provisioning operating profit.
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google