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ICICI Bank our top pick in private banking space: Motilal's Navin Agarwal

In an interview to CNBC-TV18, Navin Agarwal, MD of Motilal Oswal Financial Services spoke about the key highlights at the Motilal Oswal Global Investor Conference which is underway in Mumbai and shared his views on the market and specific stocks.

September 05, 2017 / 11:52 AM IST

In an interview to CNBC-TV18, Navin Agarwal, MD of Motilal Oswal Financial Services spoke about the key highlights at the Motilal Oswal Global Investor Conference which is underway in Mumbai and shared his views on the market and specific stocks.

Speaking about stocks, he said ICICI Bank is one of their top picks in the private banking space.

Talking about Lupin, he said, "We were surprised to hear a potential low 20 percent EBITDA margin outlook for Lupin versus 30 percent that they reported last year." He further said that Indian generic companies are facing multiple headwinds.

Watch accompanying video for more details.
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