Buy ICICI Bank, target price Rs 1400: JM Financial
ICICI Bank with a target price of Rs 1400. The current market price of ICICI Bank Ltd. is Rs 1177.25.
ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 829883.24 Crore).
ICICI Bank Ltd. 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-2023.
Financials For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 67270.06 Crore, up .13 % from last quarter Total Income of Rs 67181.70 Crore and up 29.16 % from last year same quarter Total Income of Rs 52084.00 Crore. The bank reported net profit after tax of Rs 11695.84 Crore in latest quarter.
Promoter/FII Holdings Promoters held 0 per cent stake in the company as of 30-Jun-2024, while FIIs owned 45.48 per cent, DIIs 44.42 per cent.
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