Buy ICICI Bank; target of Rs 410: Sharekhan

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Buy ICICI Bank; target of Rs 410: Sharekhan

Sharekhan’s research report on ICICI Bank

ICICI Bank’s liability franchise has improved significantly, along with its asset profile. We believe with peaking of NPA cycle, corporate-facing banks such as ICICI Bank are likely to benefit with improvement in the overall asset quality and profitablity.

Outlook

We maintain our Buy rating with a revised price target of Rs. 410.

For all recommendations report, click here

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Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2019-01-04 11:03:38

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

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