According to ‘Bloomberg’ data, 50 brokerages have buy ratings on ICICI Bank shares, while 1 has sell and 3 have hold ratings. Photo: Abhijit Bhatlekar/MintMumbai: A series of mishaps at the country’s largest lender ICICI Bank Ltd has failed to deter analysts from re-rating the stock. ICICI Bank has been hit by three successive pieces of bad news this past month. “One cannot judge by the quantum of penalty imposed on ICICI Bank by the RBI. Ltd. Ganpathy, one of the brokerages cited above, has an outperform rating on ICICI Bank.

Source: Mint April 01, 2018 23:26 UTC