ICICI Bank

Sell ICICI Bank: Karvy

ICICIKarvy Stock Broking Limited has suggested investors to 'sell' ICICI Bank stock as there are full chances of a downward trend in this stock.

According to Karvy, investors can sell the stock below Rs 850 with a strict stop loss of Rs 860 to achieve an intraday target between Rs 835-830.

Today, the shares of the bank opened at Rs 857 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 983.70 and a low of Rs 252.75 on BSE.

Current EPS and P/E of the stock stood at 35.33 & 24.56 respectively.

Karvy also suggested that if the stock fell below Rs 826, it may see more weakness.

Buy ICICI Bank With Stop Loss Of Rs 910

ICICI Karvy Stock Broking Limited has maintained 'Buy' rating on ICICI Bank stock to achieve a target of Rs 950-965 in 1-2 trading sessions.

According to Karvy, interested traders can buy the stock above Rs 925 with a strict stop loss of Rs 910.

The shares of the bank on Wednesday, (Nov 11), closed at Rs 924.65 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 983.70 and a low of Rs 252.75 on BSE.

Current EPS and P/E of the stock stood at 35.33 & 25.72 respectively.

Buy ICICI Bank With Stoploss Of Rs 935: Karvy

ICICI BankKarvy Stock Broking Limited has maintained 'Buy' rating on ICICI Bank stock to achieve an intraday target that lies between Rs 960 -965.

According to Karvy, interested traders can buy the stock between Rs 940-945 with a strict stop loss of Rs 935.

On Tuesday (Oct 06), the shares of the bank closed at Rs 938.35 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 944.60 and a low of Rs 252.75 on BSE. Current EPS and P/E of the stock stood at 35.11 & 26.44 respectively.

ICICI Bank, India's biggest private sector lender, has allotted 12,770 equity shares to its personnel under ESOS.

Buy ICICI Bank With A Target Of Rs 1010: Nirmal Bang

ICICI Bank In its latest research report, Nirmal Bang, an equity research firm said that ICICI Bank can give good returns in the near term.

According to Nirmal Bang Research, ICICI Bank can be bought with a strict stop loss of Rs 880 to achieve a target of Rs 1010.

Today (Oct 06), the shares of the company opened at Rs 920 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 928 and a low of Rs 252.75 on BSE. Current EPS and P/E of the stock stood at 35.11 & 26.72 respectively.

Apart from Nirmal Bang, technical analyst, Ashwani Gujral has also maintained buy rating on ICICI Bank.

Buy ICICI Bank To Achieve Target Of Rs 910: Nirmal Bang

ICICINirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on ICICI Bank with a target of Rs 910 in 4-5 trading sessions.

The report further stated that, if the counter is successful to breach Rs 895, then it will create a huge breakout.

In addition, the firm has suggested a support level for the scrip at Rs 845.

Today (Sep 24), the shares of the company opened at Rs 854.80 on the Bombay Stock Exchange (BSE). Current EPS and P/E of the stock stood at 35.11 & 24.17 respectively. The share price has seen a 52-week high of Rs 890 and a low of Rs 252.75 on BSE.

ICICI Prudential Life strengthens partnership with India Post in Gujarat

ICICI Prudential Life Insurance ICICI Prudential Life Insurance has informed that it has entered in to the second stage of its collaboration with India Post in Gujarat.

The company has revealed the introduction of its new services across all post offices located in Gujarat. This move will beef up ICICI Prudential Life's footprints in Gujarat.

Buy ICICI Bank For Short Term: Abhishek Jain, StocksIdea.com

ICICITechnical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy ICICI Bank for short term.

Mr. Jain expects the stock to hit a target of Rs 925.

According to Mr. Jain, the stock may face some resistance around Rs 894 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 802.

Today (Sep 22), the shares of the company opened at Rs 843 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 881.95 and a low of Rs 252.75 on BSE. Current EPS and P/E of the stock stood at 35.11 & 24.24 respectively.

Buy ICICI Bank For Short Term: Abhishek Jain, StocksIdea.com

ICICITechnical analyst Abhishek Jain of Stocksidea. com has suggested investors to buy ICICI Bank for short term.

Mr. Jain expects the stock to hit a target of Rs 800.

According to Mr. Jain, the stock may face some resistance around Rs 783 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 704.

Shares of the bank, on Friday (Sep 04), closed at Rs 744.05, up Rs 8.05, on the Bombay Stock Exchange (BSE). The total volume of shares traded was 974,476 at the BSE. The stock hit an intraday high of Rs 753 and a low of Rs 731.40 on BSE.

Sell ICICI Bank: Nirmal Bang

ICICINirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can sell ICICI Bank with a target price between Rs 710-725.

According to research report, investors can sell the stock with a strict stop loss of Rs 755.

Today (Aug 10), the stock opened at Rs 751.90 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 35.11 and 20.95 respectively. The share price has seen a 52-week high of Rs 807 and a low of Rs 252.75 on BSE.

Nirmal Bang is of the view that investors should sell the stock today in order to avoid loss.

Buy ICICI Bank To Achieve Short-Term Target Of Rs 865: Abhishek Jain, Stocksidea.com

Buy ICICI Bank To Achieve Short-Term Target Of Rs 865: Abhishek Jain, Stocksidea.comIn its latest research report, Abhishek Jain, stocksidea.com, said that ICICI Bank, which has been consolidating between Rs 815-835 level, can give good returns in the short term.

The report further stated that, if the counter is successful to breach Rs 831 levels, then it will create a huge breakout.

Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 865.

Furthermore, the firm has suggested a support level for the scrip at Rs 743.

ICICI Bank June quarter net up 21% at Rs 878 crore

ICICI Bank June quarter net up 21% at Rs 878 croreICICI Bank, India's largest private sector bank has declared its first quarter results for the period till June 30.

The lender has recorded 21% decent growth in its standalone net profit which stood at Rs 878 crore for the first quarter ended June 30.

In a communiqué to National Stock Exchange (NSE), the bank said that it had clocked a net profit of Rs 728 crore in the June quarter of last fiscal.

Buy ICICI Bank For Short Term: Abhishek Jain, Stocksidea.com

Buy ICICI Bank For Short Term: Abhishek Jain, Stocksidea.comTechnical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy ICICI bank stock for short term.

Mr. Jain expects the stock to hit a target of Rs 880.

The bank is presently trading around Rs 740-750 level.

According to Mr. Jain, the stock may face some resistance around Rs 831 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 712.

ICICI, HDFC Bank trim deposit rates by up to 0.25 percent

ICICI, HDFC Bank trim deposit rates by up to 0.25 percentHDFC, India's largest private sector housing finance company has informed that it has revised its deposit rates downward by up to 0.25% across various maturities with immediate effect.  

The sources close to the company said that HDFC Bank, promoted by the company, has also decided to trim its deposit rates by up to 25 basis points, which will be effective from June 19.

The company authorities said that this reduction is in line with the market trends and taking into account the developments happening in the market in the recent past.

ICICI Venture sells RFCL’s animal healthcare unit – Vetnex - to Pfizer Animal Health

ICICI Venture sells RFCL’s animal healthcare unit – Vetnex - to Pfizer Animal HealthIn a sale expected to close by August 2009, RFCL's animal healthcare unit - Vetnex Animal Health Ltd - has been sold by ICICI Venture Funds Management Company to Pfizer Animal Health. For the aforesaid transaction, N M Rothschild is the exclusive financial advisor to ICICI Venture.

ICICI, HDFC bank cuts PLR rates

ICICI, HDFC bank cuts PLR ratesThe country's second-largest bank, ICICI bank has announced to reduce interest rates on loans by 50 basis points in its second rate revision during the last six weeks. The revised rates would be applicable for new as well as existing borrowers of the bank. The move came amid anticipations of further interest rate cut by the public sector lender, the State Bank of India. ICICI Bank CEO, Chanda Kochhar, said: "In the retail segment, we are seeing a change in sentiments.

ICICI Bank ties knot with mChek to launch electronic card

ICICI BankICICI Bank, the country's second largest lender by assets, has entered into a partnership with mChek, a leading mobile payment solutions provider, to offer services to all ICICI Bank Debit and Credit Card customers.

Under the agreement, ICICI Bank in association with Visa International and mChek, will issue electronic debit and credit cards. The move will offer lender's customers yet another secure and safe option of conducting hassle free transactions online.

ICICI Bank, IDBI slash deposit rates by up to 1%

ICICI Bank, IDBI slash deposit rates by up to 1% Following the lead of publicly-owned State Bank of India, ICICI Bank, a leading private sector lender and state-run IDBI Bank have revised their deposit rates downward by up to 100 basis points (bps) across various maturities.

ICICI Bank has cut down its deposit rates by 0.25-0.50% effective from 11 May. This reduction is across select maturities.

ICICI customers having deposits between 7 to 14 days will now earn interest at the rate of 3.25 per cent whereas the 270 days to one year scheme will attract an interest of

ICICI Bank to expand operating network by opening 580 new branches

ICICI Bank's CEO Chanda KochharThe foremost private sector bank in India, the ICICI Bank, is working on plans to expand its operating network to 2,000 branches, counting the additional nearly 580 new branches that the bank intends opening this year.  

However, despite the proposed expansion of the bank’s network, there are no plans to hire new employees. A part of the bank’s 36,000-strong existing workforce would be suitably re-deployed suitably for the management of the yet-to-be-opened new branches.

ICICI Bank registers 35% drop in its Q4 Net profit

ICICI Bank registers 35% drop in its Q4 Net profitIndia's second-largest lender ICICI Bank today announced 35% drop in net profit at Rs 743.76 crore for the quarter ended March 31, 2009 when compared to Rs 1149.84 crore in the year-ago period.

In addition, the lender's total income also fell to Rs 9203.36 crore from Rs 10390.92 crore in the corresponding period in the previous year.

For the full-year ended March, ICICI Bank's net profit fell 9.40% percent to Rs 3758.13 crore, as compared to Rs 4157.73 crore for the year ended March 31, 2008.

ICICI Bank looking strong at current levels: Nirmal Bang

ICICIIn its latest research report, Nirmal Bang, an equity research firm said that ICICI Bank, which presently stuck in a band of 405-445, can give good returns within 4-5 trading session.

The report further stated that, if the counter is successful to breach 445, then it will create a huge breakout.

Nirmal Bang Research has advised its clients to hold the scrip with a target price of Rs 460-485.

Syndicate content