ICICI Bank shares gain 1% on strong Q2 earnings. Should you buy?

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Key Points

The stock also gained on favourable views taken by a couple of top brokerages including Jefferies, Kotak Institutional Equities, Motilal Oswal and Nuvama, all of which recommended a buy on the counter...

India's second-largest private lender, ICICI Bank, on Saturday reported a 36% year-on-year (YoY) growth in net profit for the quarter ended September to Rs 10,261 crore..

ICICI Bank remains one of the top picks of Kotak Equities and the brokerage has recommended a buy rating for the stock with an unchanged price target of Rs 1,150...

ICICI Bank reported yet another quarter of strong performance with 22% YoY growth in core profitability, the brokerage note said..

ICICI Banks Q2FY24 NIM and NII were marginally lower than expected, but PAT outperformed by a strong 8% driven by a notable dip in credit cost, Nuvama said in a note..

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