All eyes on ICICI Bank results

| Updated on November 15, 2017


ICICI Bank is scheduled to announce its December quarter financial performance on Monday. Though market participants expect growth in its core income and non-interest income to slow down, any positive signal on that front will keep the stock firm. Most brokerages expect ICICI Bank's net interest income for October—December to show a modest rise of 15 per cent year-on-year and 6 per cent sequentially. Net profit is expected to increase 13 per cent year-on-year and 8 per cent on a sequential basis. However, any upset in the financial performance will lead to a sharp fall in the stock price, which gained 28 per cent so far in 2012.

Published on January 29, 2012

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like