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via economictimes.indiatimes.comBusiness & Companies

ICICI Bank after Q2 results: Jefferies target at Rs 1,750

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

ICICI Bank shares rose after Q2FY27 net profit increased 20.1% year-on-year to Rs 14,843 crore, while net interest income grew 17.7% to Rs 25,339 crore. Jefferies maintained its ‘Buy rating with a target price of Rs 1,750, implying 25% upside, citing improving margins and…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishProfit and margin growth at a major Indian bank, with a Jefferies target implying about 25% upside.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q2FY27 net profit rose 20.1% year-on-year to Rs 14,843 crore.
  2. 02Net interest income grew 17.7% to Rs 25,339 crore.
  3. 03Jefferies maintained Buy with a Rs 1,750 target, citing improving margins.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
ICICI Bank LimitedICICIBANK.NSEStock1,382.80 INR-0.58%today -1.02%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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