Bank On It
Jayashree / 09 Nov 2009
BSE : 532174
CMP : 819
Volume : 1460577
ICICI Bank is again back on buying list in some of the fund managers’ portfolios, especially the domestic ones. Our sources suggest that quite a few fund managers are keen to add the counter to their schemes as they feel that better economy numbers would add good business volumes to the bank. Also, ICICI Bank management recently claimed that their balance sheet size would grow henceforth, which would mean that the bank is looking at better financial numbers in the coming quarters. The scrip at present is quoting at Rs 818 and may go to four digits by March 2010.
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