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TuxBotBannedB to Economy@lemmy.worldEnglish · 1 year ago

Axis Securities is Equal Weight on ICICI Bank, target price Rs 1,500

economictimes.indiatimes.com

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Axis Securities is Equal Weight on ICICI Bank, target price Rs 1,500

economictimes.indiatimes.com

TuxBotBannedB to Economy@lemmy.worldEnglish · 1 year ago
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Axis Securities has given ICICI Bank a target price of Rs 1500, citing strong anticipated performance and a potential return on assets of 2.2-2.3%. The bank recently reported a consolidated total income of Rs 72942.55 crore, representing significant year-over-year growth. Despite this positive outlook, a potential slowdown in credit growth due to lagging deposit mobilization is a concern.
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