ICICI BANK LIMITED

ICICI Bank Limited - Company Profile

ICICI Bank Limited was incorporated in 1955 and has its registered office in Baroda, Gujarat and its corporate office in Mumbai, India. ICICI along with its subsidiaries is engaged in providing a wide range of banking and financial services in retail banking, wholesale banking and treasury operations.

ICICI has operations in 19 countries, including India and as of March 31, 2014, it had a branch network of 3,753 branches, the largest among private sector banks in the country, and an ATM network of 11,315 as compared to 10,481 at March 31, 2013.

For FY 2014, ICICI’s net interest margins stood at a healthy 3.33 % (3.11 % for FY 2013). For the same period, net NPA’s stood at 0.82 % (0.64% for FY 2013) which is slightly higher from the industry average of for private banks.

ICICI Bank's Board members include eminent individuals with a wealth of experience in international business, management consulting, banking and financial services.

ICICI Bank has maintained its CASA account ratio at 42.9 % for FY 2015

ICICI Bank Limited - STOCK INFORMATION

STOCK PRICE	319.35
TARGER PRICE	315-305-285
SECTOR	BANKS
SYMBOL (AT NSE)	ICICIBANK
ISIN	INE090A01021
FACE VALUE (IN RS.)	2.00
BSE CODE	532174

ICICI Bank Limited - STOCK FUNDAMENTALS

MARKET CAP	185000.58
BOOK VALUE	126.28
EPS - (TTM) (IN RS. CR.)	18.81
P/E	16.96
INDUSTRY P/E	23.88

SHAREHOLDING PATTERN

RESULTS (Quarterly )(Rs CR.)

	DEC' 14	SEP' 14	JUN' 14	MAR 14	DEC' 13
Sales	12,435.21	12,150.56	11,766.9	11,489.2	11,454.95
Operat- ing profit	8,589.18	8,603.95	8,215.84	7,896.35	8,143.28
Interest	7,623.55	7,493.92	7,275.01	7,132.73	7,199.89
Gross profit	5,036.99	4,697.91	4,516.72	4,453.49	4,439.04
EPS (Rs)	4.99	4.68	4.59	4.59	4.39

ICICI Bank Limited - TECHNICAL VIEW

ICICI BANK LTD is looking weak on charts. We advise to sell around 335-325 with stoploss of 345 for the targets of 315-305 -285 levels. RSI is also showing downside momentum in it on daily charts.

SYMBOL	VALUE	ACTION
RSI(14)	28.830	SELL
STOCH(9,6)	22.302	SELL
STOCHRSI(14)	0.000	OVER SOLD
MACD(12,26)	-3.940	SELL
ADX(14)	58.958	SELL
WILLIAMS %R	-92.723	OVERSOLD
CCI(14)	-115.3773	SELL
ATR(14)	3.2036	HIGH VOLATILITY
HIGH/LOWS(14)	-8.6429	SELL
ULTIMATE OSCILLATOR	34.259	SEL
ROC	-6.349	SELL
BULL/BEAR POWER()13	-12.8620	SELL
BUY: 0 SELL:9 NEUTRAL: 2	SUMMARY : STRONG SELL

Our Other Recommendation for Next Week

SCRIP	ACTION	CMP	ENTRY	SL	TGT	TIME FRAME
JUBILANT FOOD	BUY	1592.85	1580-1590	1550	1620-1650	ONE WEEK
IRB	BUY	241.1	235-240	230	245-250	ONE WEEK
AUROPHARMA	SELL	1158.6	1180-1200	1220	1150-1120	ONE WEEK
REL CAPITAL	SELL	440.05	445-450	465	435-420	ONE WEEK
REL INFRA	SELL	437.4	440-450	459	430-410	ONE WEEK

Performance of Previous Week

SCRIP	LOT	ACTION	ENTRY	SL	TGT	P&L	REMARK	CLOSE/LOW/HIGH
PFC	1000	SELL	275-280	290	265-255	-10000.00	SL TRG	276.20 / 290.65
VOLTAS	1000	BUY	285-290	278	296-302	-7000.00	SL TRG	275.15 / 272.60
DLF	2000	BUY	155-158	152	162-165	14000.00	BOTH TGT HIT	160.50 / 167.75
RECL	1000	SELL	335-340	352	325-310	-12000.00	SL TRG	335.35 / 354.20
LIC HOUSING	1000	SELL	445-442	452	435-420	-7000.00	SL TRG	460.55 / 475.70
BATA INDIA	250	SELL	1180-1200	1230	1150-1120	12500.00	FIRST TGT HIT	1173.55 / 1147.65
NET PROFIT						-9500.00

Create Portfolio

Create Alert

Profile

Axon

Trade

IPO

Calculator

Refer and Earn

FAQ's

Pricing

Create Ticket

Send Feedback