INSUBCONTINENT EXCLUSIVE:
Sacchitanand Uttekar of Tradebulls Securities Private Limited has a buy call on ICICI Bank Ltd
with a target price of Rs 385
The current market price of ICICI Bank Ltd
Time period given by analyst is Intra Day when ICICI Bank Ltd
price can reach defined target
Sacchitanand Uttekar recommended to keep stoploss at Rs 371
ICICI Bank Ltd., incorporated in 1994, has a market cap of Rs 241578.77 crore.
ICICI Bank Ltd
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 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 quarter ended 31-03-2018, 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.
