ICICI Bank shares rise 2% after strong Q1 results, net profit up 14.6% to Rs 11,059 crore.
ICICI Bank shares rise over 2% after strong Q1 results, net profit up 14.6% to Rs 11,059 crore. Analysts expect ICICI Bank stock to re-rate in the months ahead with up to 20% returns likely over the next 12 months due to consistent quarterly results. ICICI Bank remains the most consistent lender in delivering core earnings and granular growth, according to Nuvama Institutional Equities.
July 29, 2024
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