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.
Posts in category All News
Tata Motors Q2 preview: Co’s profit may surge up to 49%, Ebitda by 34% YoY (07-11-2024)
In the domestic segment, both commercial vehicles (CV) and passenger vehicles (PV) face pressures from lower volumes and rising discounts, particularly impacting the India business
Board of Brookfield India Real Estate Trust recommends final dividend (07-11-2024)
Of Rs 4.6 per share
Shakti Pumps rises after bagging work order under PM‐KUSUM scheme from HAREDA (07-11-2024)
Shakti Pumps (India) added 1.37% to Rs 4657 after the company announced that it has received work order for supplying 3,174 pumps under the PM‐KUSUM scheme from Haryana Renewable Energy Department (HAREDA).
Waaree Energies shares slide over 6% even as co secures 180 Mwp module supply order (07-11-2024)
Waaree Energies, India’s largest solar panel maker, saw its shares dip slightly despite securing a major order. This follows a stellar week for the company, which recently went public. The IPO was a resounding success, attracting record bids and pushing the company’s value over Rs 1 lakh crore.
Kansai Nerolac slips after Q2 PAT slides 28% YoY to Rs 130 cr (07-11-2024)
Kansai Nerolac Paints fell 1.84% to Rs 280.50 after the company reported 27.64% decline in standalone net profit to Rs 130.16 crore as against Rs 179.89 crore posted in Q2 FY24.
Swiggy IPO subscribed 0.12 times on Day 1 (07-11-2024)
Retail portion gets 0.54 time, employee by 0.74 times, QIBs yet to make bid
Niva Bupa IPO opens today: Invest or wait? Check GMP, & Brokerages’ views (07-11-2024)
The Rs 2,200-crore IPO of Niva Bupa Health Insurance Company opens for subscription today and will close on Monday, November 11, 2024