Stock Movement
ICICI Bank stock surged 28% in 2024, outperforming BSE Sensex’s 15% rise.
Market Cap Milestone
ICICI Bank becomes the 5th Indian company to cross Rs 9 trillion in market cap.
UBS Target Price
Stock hit a new high of Rs 1,288.05; UBS maintains a target price of Rs 1,450.
Focus on Profitability
ICICI Bank aims for profitable growth, focusing on risk management and sectoral opportunities.
Profit & Asset Quality
ICICI Bank’s RoA expected to stay above 2% for FY25-27E due to strong provisions.
Digital Expansion
Bank plans to invest in digital banking and branch expansion to fuel future growth.