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Login Open ICICI 3-in-1 Account

Entry Price

83.00

Target

75.00

Recommend Date

05-08-2019

Return

9.64 %
BUY

Date : 05-08-2019

Asset quality troubles & limited growth capital pose headwinds for banks future earnings. Also banks higher requirement for capital would entail huge dilutions leading to subdued return ratios for reasonable period. We thereby assign REDUCE rating.