ICICI Bank Share Price
ICICI Bank, India’s second-largest lender, has impressed market analysts with its stellar Q3FY25 performance, showcasing robust growth and stable asset quality. Let’s dive into why brokerages are increasingly bullish on this banking heavyweight.
ICICI Bank Share : Outstanding Q3 Performance Highlights
The bank delivered impressive numbers across key metrics:
- Net profit surge: 15% YoY increase to Rs 11,792 crore
- Net Interest Income: 9% growth to Rs 20,371 crore
- Gross NPA ratio: Improved to 1.96% from 2.3% YoY
- Net NPA: Steady at 0.42%, better than 0.44% last year
- CASA growth: Outperformed industry trends
Brokerage Recommendations and Targets
Leading brokerages maintain positive outlook:
- Kotak Institutional Equities: Target Rs 1,500
- Jefferies: Target Rs 1,600
- Bernstein: Target Rs 1,440
- JPMorgan: Revised target to Rs 1,500
- Nuvama: Target Rs 1,470
Asset Quality and Growth Metrics
The bank’s strong fundamentals include:
- Superior return on assets compared to peers
- Effective cost control measures
- Stable net interest margins at 4.25%
- Industry-leading CASA growth
- Consistent execution excellence
Market Performance and Future Outlook
Current market indicators show:
- Stock closing at Rs 1,209.20 on NSE
- Positive momentum with 1% gain
- Strong institutional investor confidence
- Sustainable growth trajectory
- Competitive advantage in CASA segment
Read More: Budget 2025 Date and Key Expectations: A Comprehensive Guide
FAQs
Why are brokerages bullish on ICICI Bank shares?
Brokerages are optimistic due to the bank’s superior CASA growth, stable asset quality, and consistent execution, setting it apart from industry peers.
What makes ICICI Bank’s Q3 performance noteworthy?
The combination of 15% YoY profit growth, improved asset quality metrics, and industry-leading CASA growth demonstrates the bank’s operational excellence and strong market position.
