ICICI Banks' fundamentals are solid and efficient as of this quarter. Even the technicals support its growth. If on Monday ()8-08-2022) ICICI Bank stays strong, it will be touching its ATH indeed!
Fundamentals of the bank have been so good and bright for so long now it YoY growth is superb add to that it has a great scope in improving its CASA ratio. NII Growth is strong. NIM is well maintained on average for the last 3 years.
The last results obviously gave a massive break-out to ICICI in the banking sector at least for sure. A deterrent new for the investors in the Banking sector came up yesterday at 11 AM, well the effects of it weren't seen yesterday itself not even a bit. I think that there might be a downfall on Monday but if there isn't any ICICI is gonna surely hit its ATH!