Stock market analyst Salil Sharma has maintained 'sell' rating on ICICI Bank stock with target of Rs 825.

According to analyst, the investors can sell the stock with stop loss of Rs 849.

Today, the stock opened at Rs 842 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 36.10 and 23.49 respectively.

The share price has seen a 52-week high of Rs 1009.50 and a low of Rs 621.90 on BSE.

ICICI Bank on July 05 announced that its private equity division will establish an infrastructure fund.

The bank also asked for steps to allow higher infrastructure financing by banking institutions.

During the last ten years, infrastructural lending by banking institutions has increased to $67 billion from $2 billion and, during the 12th Five Year Plan (2012-17), the debt needs could be around $500 billion.

On July 01, India's largest private sector lender declared that its base rate will be 7.50% annually in line with the rules issued by the central banking institution (RBI).

The newly announced base rate will be effective from July 1, 2010.

Recently, the bank declared increase of 79.28% in its consolidated net profit on y-o-y basis to Rs 13.42 billion, whereas total income dropped 4.61% y-o-y basis to Rs 162.12 billion for the three month period ended March 2010.