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ICICI Bank Limited is currently in a long term uptrend where the price is trading 14.0% above its 200 day moving average.
From a valuation standpoint, the stock is 62.5% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.4.
ICICI Bank Limited's total revenue rose by 11.0% to $300B since the same quarter in the previous year.
Its net income has increased by 17.7% to $55B since the same quarter in the previous year.
Finally, its free cash flow grew by 938.4% to $189B since the same quarter in the previous year.
Based on the above factors, ICICI Bank Limited gets an overall score of 5/5.
Sector | Financial Services |
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Industry | Banks-Regional |
ISIN | US45104G1040 |
Exchange | NYSE |
CurrencyCode | USD |
PE Ratio | 20.1 |
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Dividend Yield | 0.3% |
Target Price | 28.63 |
Market Cap | 77B |
Beta | 0.72 |
ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits. It also provides home, car, two-wheeler, personal, gold, and commercial business loans, as well as loans against securities and other loans; business loans, including working capital finance, term loans, collateral free loans, loans without financials, finance for importers and exporters, and overdraft facilities, as well as loans for new entities, card swipes, and schools and colleges; and credit, debit, prepaid, travel, and corporate cards. In addition, the company offers insurance products; pockets wallet; fixed income products; investment products, such as mutual funds, gold monetization schemes, initial public offerings, and other online investment services; and agri and rural business, farmer finance, tractor loans, and micro banking services, as well as other services to agri corporates. Further, it provides portfolio management, trade, foreign exchange, locker, private and NRI banking, and cash management services; family wealth and demat accounts; commercial and investment banking, capital market, custodial, project and technology finance, and institutional banking services, as well as Internet, mobile, and phone banking services. Additionally, the company offers securities investment, broking, trading, and underwriting services; and merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence, and private equity/venture capital fund management services. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India.
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