Zomato’s gross order value (GOV) for food delivery business may remain flat sequentially (up 14.2 per cent YoY) in the March quarter despite the activation of Zomato Gold membership, ICICI Securities said.

Q4 results previews: Nykaa, Zomato, Delhivery, Matrimony, Nazara Tech & Just Dial

ICICI Securities Ltd. aims to double its wealth managers and boost the assets from rich clients to $60 billion in the next two years, as competition ramps up in India’s rapidly growing wealth industry

ICICI to double wealth bankers, boost assets to $60 billion in 2 yrs

Hot rolled coil prices decline in domestic market though spreads improve.

Steel Sector Outlook — Tepid Demand In Flats Offsets Coal Cost Gains: ICICI Securities

Bharat Electronics likely to be the primary beneficiary of the current round of ordering.

India Defence Sector Check — Significant Order Inflow With Focus On Indigenisation: ICICI Securities

Aims to capture ~30% market share in North-Eastern markets.

Star Cement - Aiming To Consolidate Its Core Market: ICICI Securities

In our view, B2B e-commerce is likely to continue on a strong growth trajectory in Q4 FY23E.

Internet Sector Q4 Results Preview - Strong B2B; B2C May Be Underwhelming: ICICI Securities

ICICI Securities advises traders to benefit from risk-free opportunity

How to benefit from reverse arbitrage in AU Small Finance Bank

Notably, the multibagger stock has recovered over 77 per cent from its 52-week low of Rs 3,518.60, hit on May 10, 2022.

Multibagger stock: 1,300% return in 10 years! ICICI Securities sees further upside in this smallcap stock

Read on to know why ICICI Securities recommends a BUY for SBI Cards

Is it good to invest in SBI Card

Retail investor behaviour so far has been mixed in terms of market activity. Indirect investment through mutual funds has improved significantly, said Vijay Chandok, MD & CEO, ICICI Securities

Our financial dependence on broking is now far lower: ICICI Securities CEO

Lemon Tree is on track to meet its FY23 guidance of revenues growing 100 per cent YoY to Rs 8,00 crore at an Ebitda margin of 50 per cent, ICICI Securities said.

75% upside target! ICICI Securities sees Lemon Tree Hotels shares at Rs 132. Here’s why

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

ICICI Securities offers a range of financial services including brokerage, financial product distribution and investment banking and focuses on both retail and institutional clients