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Ideas for Profit | How ICICI Bank narrowed valuation gap with HDFC Bank; stock to re-rate further?

ICICI Bank posted an improvement on all fronts in Q1FY23 numbers. The strong performance of the bank gets reflected in its stock performance. ICICI Bank has not only delivered higher returns compared to HDFC Bank but also outperformed the Nifty and the Nifty Bank in the past 1, 3 and 5 years by a wide margin. Will the outperformance continue? Is there scope for the stock to re-rate? Watch the video

first published: Jul 25, 2022 05:03 pm

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