Stocks for 2023: Analysts bet big on this bank that gave index-beating returns for 2 years!

Stocks for 2023: Analysts bet big on this bank that gave index-beating returns for 2 years!

Shares in the banking sector topped the list of best performers in 2022 even though Dalal Street saw record selling by foreign institutional investors (FII). Banks and financials constitute a third of FIIs’ overall portfolio. In 2022 so far, the Nifty Bank index has gained about 22%, giving the best returns in six years. The … Read more

How would ICICI Bank’s move to create a technological moat play out?

How would ICICI Bank’s move to create a technological moat play out?

Synopsis ICICI Bank share price has given a 23% CAGR in the past 5-year period, while its profitability has increased by 20% CAGR in the period. The deposit book of the bank improved from Rs 5,60,975 crore in March 2018 to Rs 10,64,572 crore in March 2022. While its advances improved from Rs 5,12,395 crore … Read more