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NYSE:IBN

19.97
0.12 (0.60%) 1d
0
Showing 1 to 15 of 104 entries
COMMENT
India has been affected by covid. In India, prefers HDFC Bank over IBN, which is the second largest bank. Loan losses have been less at HDFC and they have maintained higher capital ratios. As India rounds the last corner of covid, the name should do well. Longer term demographic and macro trends are positive.
banks
BUY
It has done pretty well the last little bit. We are two weeks into the vote for their election. You want to see investment inflows into India in a big way. They have an economy where reforms are necessary.
banks
DON'T BUY

Inflation is rising in India because of oil imports, plus strong US dollar. All Indian banks have been falling. With typhoons and people moving to online banking, they’re scrambling. Not the time to be stepping into EM. They’re cheap, but they could be getting a lot cheaper. EMs are twice as risky as NA and European.

banks
PAST TOP PICK

(A Top Pick Mar 2/18, Down 2%) Super long term play on India. It is a play on lower middle class to middle class. Owning banks is always the right play.

banks
HOLD

He has had this bank for a number of years and likes the country from a demographic point of view. The country has the fastest growth rate even over China. The Indian banking system keeps getting overhauled.

banks
SELL

Since PM Modi took power in India, India has received a lot of fund flows and other macro developments. The rupee is seeing challenges (depreciation). Sell some here, even at a capital loss.

banks
TOP PICK

This Indian bank is the best way to invest in the region’s growth and this is the largest bank. The bank has over 18,000 ATM locations. From a technology perspective, they are well positioned and are involved in blockchain. He is okay with the low yield, to allow the business to grow. Yield 0.75%. (Analysts’ price target is $14.50 )

banks
COMMENT

If you are going to be in an emerging market like India, then you want to be in consumer products or financials, because they are going to get you to all the consumers that are out there. For him, it was between HDFC Bank and this company. HDFC had better metrics. You will be dealing with the volatility of being in India. Both stocks had huge run ups last year in the 30%-40% range. They are pausing right now because they have to see what is going to happen with all of economic changes the government has put through. The government is allowing banks to write off bad loans and to start fresh again. These 2 are probably the best capitalized of the banks, and therefore the least risky. You are going to have volatility of roughly 30%-40% a year and will have to live with it. (See Top Picks.)

banks
COMMENT

There are 2 really good banks in India, this and HDFC. India has a lot of government fiscal policy change right now, and GST has been added so they can get their revenues up and be able to start to spend on infrastructure. Unlike this bank, HDFC Bank is more of a development bank, and have been able to grow their dividends at a much faster rate. He chose HDFC for his holdings for the future.

banks
BUY

An Indian stock for a long-term hold? You can do this through the banking side through an HDFC Bank (HDB-N) or through ICICI Bank (IBN-N). Those 2 are the best ones. Their share prices have had a huge run this year, much like the emerging markets. It has also helped that the Indian government has enacted a GST.

banks
COMMENT

One of the larger banks in India. She exited her position last year because of increasing noise around the loan books. It now looks very interesting to her and is looking at it again. On a valuation basis, it trades at almost half the PE multiple of some of the other private-sector banks.

banks
PAST TOP PICK

(A Top Pick Jan 6/16. Up 37%.) When Modi tried to straighten out the Indian economy last year, by taking out the Rs.500,000 notes, he was trying to get rid of the cash component corruption in the market, by going through things like credit cards, etc. it was tough on a lot of the financials for short period of time. India is still growing at 6%. This is the largest commercial bank in India.

banks
COMMENT

One of the bigger banks in India. It is a private sector bank. They’ve had a few challenges on the balance sheet side a couple of quarters ago when they started disclosing loans in cement and power sector, which were becoming a bit of a problem. Because it raised questions in her mind, she sold her position. A very well-run bank.

banks
SELL

She used to own this, but exited because of their loan book, especially corporate loans. Over the last 2-3 quarters, they are starting to get a lot more colour on some of the issues within the loan book. On the last quarter, there were even more issues coming out. If you have done well with the stock, she would consider switching to another name.

banks
COMMENT

The 2nd largest bank in India. They are going through some difficulty, because of what is going on with India’s economy. They are seeing increases in loan loss provisions, while at the same time they have to deal with the backdrop of the macro environment, which is higher than expected inflation. Long-term he thinks they still have focus in future. Given that half the population is under the age of 35, this is a decent investment for a long-term holder.

banks
Showing 1 to 15 of 104 entries

ICICI Bank Ltd.(IBN-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for ICICI Bank Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

ICICI Bank Ltd.(IBN-N) Frequently Asked Questions

What is ICICI Bank Ltd. stock symbol?

ICICI Bank Ltd. is a American stock, trading under the symbol IBN-N on the New York Stock Exchange (IBN). It is usually referred to as NYSE:IBN or IBN-N

Is ICICI Bank Ltd. a buy or a sell?

In the last year, there was no coverage of ICICI Bank Ltd. published on Stockchase.

Is ICICI Bank Ltd. a good investment or a top pick?

ICICI Bank Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for ICICI Bank Ltd..

Why is ICICI Bank Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is ICICI Bank Ltd. worth watching?

0 stock analysts on Stockchase covered ICICI Bank Ltd. In the last year. It is a trending stock that is worth watching.

What is ICICI Bank Ltd. stock price?

On 2021-10-20, ICICI Bank Ltd. (IBN-N) stock closed at a price of $19.97.