Stock Analysis: ICICI Bank Ltd

In recent times, ICICI bank has emerged as very attractive stock for investment and it has given around 2.4 times returns in just six months and 24% return in last month alone. The main reason behind this increase could be overall increase in Indian stock market but one thing is clear that investor’s confidence have definitely returned to this stock after much turmoil earlier this year. Present trend also looks very attractive for this stock and we can expect more rise in this stock in near future. This stock has full potential of crossing 1000 mark in near future. People can expect 10 to 25 % returns in next month also; though some caution is also required because this stock is trading at its 52 week high value.

Present Price- 867

Future Potential- 950-1100

Risk Segment- Medium
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