Stock Of The Day: ICICI Bank Showed High Margin & Attractive Valuation

ICICI bank’s stock has underperformed HDFC bank in last 6 months. Bank’s fundamentals and earnings performance is very strong. Record high margin of 4.8% on domestic book. Superior asset mix with relatively high proportion of retail loans. Total contingent provisions to Rs 11,500 crore which is around 1.2% of loan book as at end December. #Stocks #investment #stockmarket Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook:   / moneycontrol   Twitter:   / moneycontrolcom   Instagram:   / moneycontrolcom