ICICI Bank Share Price Target/Prediction 2022, 2023, 2024, 2025, And 2030: Hi, everyone hope you all are fine there. Today we are going to give you detailed analysis about one of the biggest network according to branches available across India in the private sector that is ICICI Bank. ICICI Bank is the largest financial Company in India which provide you large amount of services which include asset management in the Indian stock exchange too.
We try to predict possible shares prices target for ICICI Bank in the upcoming years to come with the help of technical analysis, quarterly report and annual report of the bank which also help you reader to predict whether investment in the shares of ICICI bank is good option or not.
Table Of Content
- ICICI Bank Technical Analysis
- ICICI Bank Share Price Target
- ICICI Bank Share Price Target For 2022
- ICICI Bank Share Price Target For 2023
- ICICI Bank Share Price Target For 2024
- ICICI Bank Share Price Target For 2025
- ICICI Bank Share Price Target For 2030
- ICICI Bank Quarterly Report Analysis
- ICICI Bank Annual Report Analysis
- ICICI Bank Balance Sheet Analysis
- Conclusion
ICICI Bank Share Price Target/Prediction 2022, 2023, 2024, 2025, And 2030
ICICI Bank Ltd. Is an Indian company which deals in the sector of banking and financial Services for corporate and retail customers through variety of subsidiaries in the areas of investment banking, life insurance and from others types of Services ICICI Bank has registered office in Vadodara, Gujarat and corporate office in Mumbai. The bank has around 5275 branches and 15589 ATMs across India.
ICICI Bank Technical Analysis
Here we try to read technical analysis charts according to the data given to us. Now we are here to tell you how the share price of ICICI Bank were performed in the past years and try to predict how the share price of the specific Company will going to perform in the upcoming years to come.
According to the chart which is attached above technical analysis of ICICI Bank is based on Elliott wave theory and triangular pattern and retracement and breakout principle so here we can see there is breakout of channel pattern with a magnificent volume and shares of ICICI bank were rested on 0.382 fibonacci retracement level which taking support on 200EMA and now they have bullish candle which is a good sign for the shares of ICICI Bank so we predict short term trend is positive and in uptrend and long term trend is also positive and in an uptrend.
ICICI Bank Share Price Target
We are trying to predict possible target which the shares of ICICI Bank can find in upcoming years. Our prediction based upon different tools and term which include fibonacci retracement, support and resistance. So, here we go with your possible targets for the upcoming years which attached below.
| Year | Target Of ICICI Bank |
|---|---|
| 2022(Target-1) | Rs.865 |
| (Target-2) | Rs.1022 |
| 2023(Target-1) | Rs.1207 |
| (Target-2) | Rs.1330 |
| 2024(Target-1) | Rs.1496 |
| (Target-2) | Rs.1669 |
| 2025(Target-1) | Rs.1800 |
| (Target-2) | Rs.1962 |
| 2030(Target-1) | Rs.4393 |
| (Target-2) | Rs.6522 |
ICICI Bank Share Price Target For 2022
As the technical analysis chart predict the shares of ICICI Bank will go in a positive direction for upcoming years to come because of their Diverse nature of services so we predict first possible target which ICICI Bank will cross in the year 2022 is Rs.865 and second possible target which the share of these company will find is around Rs.1022.
ICICI Bank Share Price Target For 2023
We can predict first share price target for year 2023 is around Rs.1207 then as every share price after getting their first target meet they will show some downtrend after they again show positive move in the same year and go uptrend and we can predict second possible target which they can beat is about Rs.1330 and it will happen because they also invest their customer assets in the share prices of other profitable companies.
ICICI Bank Share Price Target For 2024
We can predict first share price target for year 2024 is which they surpass is about Rs1496 then as every share price after getting their first target for the year they will show some downtrend move but they again show some positive move in the same year and go uptrend and we can predict second possible target which they can find is around Rs.1669.
ICICI Bank Share Price Target For 2025
For the year 2025, we can predict two possible share price target which the shares of ICICI Bank will beat easily first is around Rs.1800 and second target is about Rs.1962 as I told earlier that ICICI Bank share prices will always in a positive move in future and share prices of this company share is increasing day by day in upcoming years.
ICICI Bank Share Price Target For 2030
Towards the end of this decade, ICICI Bank will be one of the Largest Company which provide services in banking and financial sectors in India as the private sectors bank are concerned. We can predict first possible target for the year 2030 which they can cross is around Rs.4393 and second possible target which they cross at the end of this decade is around Rs.6522.
ICICI Bank Quarterly Report Analysis
As the data given at ticker.finology.in we are tell you about company last year performance that how they perform in every quarter of last year if you any mismatch of data in from the official site of ICIC Bank were not responsible for it.
As the data are concerned ICICI Bank in the June Quarter of 2020, they earned interest of Rs.19924.35cr. and make profit of around Rs.2599.15cr. in the September quarter of same year they earned interest of around Rs.19622.46cr. make profit out of it about Rs.4251.33cr. and in the following quarter which is December company earned interest of Rs.19729.79cr. and make profit of about Rs.4939.59cr. as we can see in the last three quarter company made good profit at the end of every quarter which is the result of user friendly banking services and low interest rate in the loan amount these facilities help them to earn a handsome amount of profit every quarter.
In the March quarter of year 2021, ICICI Bank earned interest of Rs.19841.67cr. profit of around Rs.4402.61cr. in that quarter. And in the June Quarter of Year 2021 they earned interest of Rs.20383.41cr. and make profit of about Rs.4616.02cr. in this quarter of year 2021 which will be a good signal for any Company.
ICICI Bank Annual Report Analysis
In the year2017, ICICI Bank Ltd. they earned interest of around Rs.19924.35cr. make profit before paying all the taxes is around Rs.2599.15cr. In the following year 2018 ICICI Bank earned interest of Rs.19622.46cr. make profit out of it about Rs.4251.33cr. In the next year that is 2019 they earned interest of Rs.19729.79cr. make profit of about Rs.4939.59cr. before paying any taxes to government regulated bodies according to principle of paying taxes in that sector.
Year 2020 was the one of the best year for ICICI bank because they earned interest of Rs.19841.67cr.which is pretty much higher than Last years and make profit of Rs.4402.61cr. which is also a good number of profit and its all were achieved because ICICI Bank were try really hard to make their services and process pretty much easy and in the year 2021, ICICI Bank earned interest of around Rs.20383.41cr. make profit of Rs.4616.02cr.
ICICI Bank Balance Sheet Analysis
In year 2017 Company invest around Rs.161506.55cr. and Other Assets of ICICI Bank is about Rs.62534.55cr. and total assets of company available at that time is around Rs.771791.45cr. In the following year 2018 Company invest around Rs.202994.18cr. and Other Assets of ICICI Bank is about Rs.71726.80cr. and total assets of company available at that time in 2018 is around Rs.879189.16cr. In year 2019 Company invest around Rs.207732.68cr. and Other Assets of ICICI Bank is about Rs.81852.17cr. and total assets of company available at that time is around Rs.964459.15cr.
In 2020 Company invest around Rs.249531.48cr. and Other Assets of ICICI Bank in year 2020 is about Rs.75977.67cr. and total assets of company available at that time in 2020 is around Rs.1098365.15cr. In financial year 2021 Company invested around Rs.281286.54cr. and Other Assets of ICICI Bank is about Rs.73411.21cr. and total assets of company available at that time is around Rs.1230432.68cr. at that time.
Conclusion
In this post, we have analyzed ICICI Bank Ltd. In details, which include their technical analysis, quarterly reports, annual reports, and target share prices for future.
Before ending this artical, I am going to tell u some strength of ICICI Bank Which provide you better view to invest in this company is worth it or not.
1. Largest Private sector bank in India.
2. Diverse product portfolion.
3. Largest retail franchise base.
4. Large collaborations with number of corporate.
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Nice article to read for ICICI Bank share price target
ReplyDeleteThanks
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