Momentum Pick: ICICI Bank to surpass 52-week high; 27% upside seen over long term

Momentum Pick: ICICI Bank to surpass 52-week high; 27% upside seen over long term

India’s second largest private lender ICICI Bank has given more than 21% returns over a 12 month period and has outperformed not just BSE Sensex and Nifty50 but also banking indices Nifty Bank (18.4%) and BSE Bankex (16.5%). With robust Q4 earnings coupled with technical triggers, the stock is ready for the next leg of … Read more