INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on ICICI Bank Ltd
with a target price of Rs 330
The current market price of ICICI Bank Ltd
Time period given by the analyst is Intra Day when ICICI Bank Ltd
price can reach the defined target
Chandan Taparia recommended to keep stoploss at Rs 295
ICICI Bank Ltd., incorporated in 1994, has a market cap of Rs 197305.79 crore
key Products/Revenue Segments include Interest Discount on Advances Bills which contributed Rs 40866.21 Crore to Sales Value (74.34 % of
Total Sales), Income From Investment which contributed Rs 11568.17 Crore to Sales Value (21.04 % of Total Sales), Interest which contributed
Rs 1868.14 Crore to Sales Value (3.39 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs
663.38 Crore to Sales Value (1.20 % of Total Sales)for the year ending 31-Mar-2018
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net
NPAs) of Rs .00 Crore (.00% of total assets)
For the quarter ended 31-03-2018, the company has reported a Consolidated Interest Income of Rs 11310.56 Crore, up 4.27 % from last quarter
Interest Income of Rs 10846.94 Crore and up 6.85 % from last year same quarter Interest Income of Rs 10585.33 Crore
The bank has reported net profit after tax of Rs 1470.92 Crore in latest quarter.
