ICICI Bank share price: CLSA hikes target price to Rs 825 after strong 4QFY21 results
ICICI Bank share price: In its report, CLSA has increased its target price from Rs 800 to Rs 825. ICICI Bank, the private lender had reported a 2.6 times YoY growth in the profit at Rs 4,402.6 crore for the quarter ended March 31, 2021, as compared to Rs 1,221 crore posted in the year-ago period. It reported a 17 per cent growth in net interest income (NII) to Rs 10,431 crore during the quarter as compared to Rs 8,927 crore posted last year
CLSA said that it has further increased ICICI Bank's earnings by 4%-6% factoring-in better growth and NII: Reuters