ICICI Bank Stock Sees BUY Upgrade by Geojit Financial Services with Rs 1,568 Target Price

Overview

ICICI Bank reported a 7.4% year-on-year growth in net interest income to Rs 21,529 crore for Q2 FY26, with net interest margin expanding to 4.3%. Profit after tax rose 5.2% to Rs 12,359 crore. Geojit Financial Services has upgraded its rating on ICICI Bank stock from 'HOLD' to 'BUY', setting a revised target price of Rs 1,568, citing strategic focus on profitable growth and stable asset quality.