Foreign brokers bullish on ICICI Bank after Q1 earnings, see up to 30% upside
The majority of the brokerage firms have maintained a buy rating on the private lender, with target prices hinting at an upside potential of 30 per cent from its previous close of Rs 800. On Saturday, ICICI Bank reported a 50 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 6,905 crore compared with Rs 4,616 crore in the same quarter last year.
