ICICI BANK LIMITED

COMPANY PROFILE

ICICI Bank Limited was incorporated in 1955 and has its reg- istered 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, manage- ment consulting, banking and financial services.

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

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

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

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

 

 

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DISCLAIMER

This report is only for the information of our customers. Recommendations, opinions, or suggestions are given with the understanding that readers acting on this information assume all risks involved. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. ATS and/or its group companies do not as assume any responsibility or liability resulting from the use of such information.

 

 

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