Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Adani Enterprises, Adani Ports, SBI, ICICI Bank and IndusInd Bank were among the biggest losers on the Nifty, while gainers were Tata Motors, Bajaj Auto, Dr Reddy’s Laboratories, ITC and Divis Laboratories.

Taking Stock | Another day of carnage; Sensex tanks 874 points, Nifty below 17,650

The top losers on the Nifty were Adani Ports, Adani Enterprises, ICICI Bank, SBI and BPCL. Nifty Auto, Pharma and FMCG managed to end higher, as other sectors tanked

Markets in free fall, Sensex plunges 800 points; here’s why

From the Sensex pack, ICICI Bank, HDFC, Axis Bank, State Bank of India, Reliance Industries, Kotak Mahindra Bank and HDFC Bank were among the major laggards.

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

Initially, the OnePlus Nord Watch was launched at a price of ₹4,999. Now the smartwatch has received a price cut of ₹500 making the new price of the wearable to ₹4,499. Interestingly, customers can avail an instant discount of ₹500 using the ICICI Bank Credit Card. Moreover, the MobiKwik Wallet …

OnePlus Nord Watch gets a price drop: Details on new price and offer

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

KR Choksey is bullish on ICICI Bank has recommended buy rating on the stock with a target price of Rs 1175 in its research report dated January 24, 2023.

Buy ICICI Bank; target of Rs 1175: KR Choksey

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Debt-ridden Jaypee Infratech, which is facing insolvency proceedings, on Tuesday said that all the consortium lenders -- excluding ICICI Bank -- have assigned their debt to National Asset Reconstruction Company Ltd (NARCL).

Jaypee Infra insolvency: Lenders, except ICICI Bank, assign debt to NARCL

Jaypee Infratech Ltd (JIL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency & Bankruptcy Code (IBC) following an order dated August 9, 2017, passed by the Allahabad-Bench of National Company Law Tribunal (NCLT).

Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCL

Motilal Oswal is bullish on ICICI Bank recommended buy rating on the stock with a target price of Rs 1150 in its research report dated January 22, 2023.

Buy ICICI Bank; target of Rs 1150: Motilal Oswal

Brokerages Jefferies and Emkay Global said ICICI Bank remains their top pick in the sector. Investec, which has a price target of ₹1,045 on the stock, said slower deposits growth continued to be a “blot on an otherwise good quarter”.

Analysts upbeat after ICICI Bank’s robust Q3

ICICI Bank Limited is engaged in providing a range of banking and financial services including commercial & retail banking, project & corporate finance, insurance, venture capital and private equity, investment banking and broking.

ICICI Bank Ltd

ICICI Bank Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Another day of carnage; Sensex tanks 874 points, Nifty below 17,650

Markets in free fall, Sensex plunges 800 points; here’s why

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

OnePlus Nord Watch gets a price drop: Details on new price and offer

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Buy ICICI Bank; target of Rs 1175: KR Choksey

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Jaypee Infra insolvency: Lenders, except ICICI Bank, assign debt to NARCL

Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCL

Buy ICICI Bank; target of Rs 1150: Motilal Oswal

ICICI Bank Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Another day of carnage; Sensex tanks 874 points, Nifty below 17,650

Markets in free fall, Sensex plunges 800 points; here’s why

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

OnePlus Nord Watch gets a price drop: Details on new price and offer

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Buy ICICI Bank; target of Rs 1175: KR Choksey

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Jaypee Infra insolvency: Lenders, except ICICI Bank, assign debt to NARCL

Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCL

Buy ICICI Bank; target of Rs 1150: Motilal Oswal

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock