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ICICI BANK LIMITED ADR EACH REPR 2 SHS SPONSICICI BANK LIMITED ADR EACH REPR 2 SHS SPONSICICI BANK LIMITED ADR EACH REPR 2 SHS SPONS

ICICI BANK LIMITED ADR EACH REPR 2 SHS SPONS

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icici bank price avtion NSE:ICICIBANK news aid its consolidated net profit jumped to 80.06 billion Indian rupees ($967.8 million) in the fiscal second quarter from 60.92 billion rupees a year ago, beating the 71.04 billion-rupee net profit estimate by analysts polled by Visible Alpha. has partnered with the National Payments Corp. of India to launch a range of credit cards on the RuPay payments network, according to a Monday statement. The ICICI Bank Coral RuPay Credit Card is a contactless card that offers a number of privileges and benefits.
NSE:ICICIBANK
by kumawatsurya84
Looking for a buy on correctionICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Vadodara. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. Core operating profit (profit before provisions and tax, excluding treasury income) grew by 19% year-on-year to 10,273 crore (US$ 1.3 billion) in the quarter ended June 30, 2022 (Q1-2023) Net interest income grew by 21% year-on-year in Q1-2023 Profit after tax grew by 50% year-on-year to ` 6,905 crore (US$874 million) in Q1-2023 Total period-end deposits grew by 13% year-on-year to 1,050,349 crore (US$ 133.0 billion) at June 30, 2022 Average current account and savings account (CASA) ratio was 45.8% in Q1-2023 Domestic loan portfolio grew by 22% year-on-year I expect a correction to come in this stock in the coming weeks. Will look for a buy after the end of correction Goodluck!
NSE:ICICIBANK
by thesharkke
UPDATE ON BANK NIFTY, ICICI AND HDFC BANK along with NIFTY 50!recently, bank nifty gave a good bull, and now a small correction it has faced. ANALYSIS ON NIFTY 50 WAVES(check link): currently now nifty has completed its 4th wave, 5th wave will begin soon on Tuesday or Wednesday around. this impulsive movement will basically come from PHARMA AND IT sector. but there are even some large cap stock which are slow in nature and yet not completed there impulsive move. so this 5th wave will also act as a support to move those companies who are still lagging behind to complete there bull run. now if nifty50 falls, then such companies will not get a space to continue there movement, and such a thing has a very less probability to happen. ANALYSIS ON BANK NIFTY AND ITS STOCKS: hdfc has to rise a lot, and icici has to correct in a good manner. this match will make the bank nifty to hold its position, and make it stable. 1. hdfc has a weightage of 26% in bank nifty and has to rise about 20% 2. icici has a weightage of 24% in bank nifty and has to correct about 12% 3. axis and kotak are in there trend lines, but will reach its top supporting the bank nifty. so this 3 matches will make the bank nifty to stay within the range of (42200-38200) i will post the same analysis in other bank with bank nifty posts too. currently i am short on icici bank and bullish on hdfc.
NSE:ICICIBANKShort
by raghavchoudhary2016