ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030

ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030: Through this post, we will tell you about the target of ICICI Bank stock for the next few years on the basis of technical and fundamental analysis.

There are many banks in India, some of which are government and some are private, ICICI Bank is a private bank which gives very good facilities to its customers, that is why its service is always dominant.

The purpose of today’s post is to share with you the complete analysis of ICICI Bank so that you can decide whether you should invest in the shares of this company or not. That is why if you are also an investor and want to invest in the shares of this bank, then you must read this post completely.

ICICI Bank Company Info

If we look at the present time, then the share of its share is running around 880.

At the same time, the stock of this company has given returns of about 21 percent to its investors in the last one year and has given returns of about 176 percent in the last 5 years.

The stock of this company was listed in the Indian stock market in 2002, when the price of one share was just around Rs.20, that is, from 2002 till now, this stock has given returns of about 3342 percent.

If you are planning to invest in the stock of this company, then whenever there is a slight decline in its stock, then you can buy some shares, hopefully in the future we will be seen giving good returns.

ICICI Bank Share Price Target 2023

If we look into the private bank, we find that it is the second largest private bank. This bank always brings new products to provide good service to its customers.

Along with providing the facility of banking, this company also provides the facility of Insurance, Venture capital, Assets Management to its customers.

If we talk about the business of ICICI Bank, then most of the revenue of this company comes from the business of retail banking.

And at present it is seen that the management of this bank is bringing new and good products to increase its business in all areas, whose positive effect will be seen in the coming years.

Based on the growing business of this bank and technical analysis of its share, we can say that by the year 2023, its share price can reach from Rs 1050 to Rs 1100.

ICICI Bank Share Price Target 2024

ICICI Bank is seen taking good decisions to improve its Assets Quality day by day to grow its business.

It has also been seen that this bank company pays maximum interest on the deposit amount of its customers to increase its CASA Ratio as much as possible. Due to this, a very good effect is being seen in the CASA Ratio of this company.

The management of this company also brings new schemes for the customers to increase their business so that more and more customers join ICICI Bank and keep their money in its savings account so that the bank can grow its business faster.

If this company works with a strategy like this, then by the year 2024 its stock price can reach from Rs 1200 to Rs 1300.

ICICI Bank Share Price Target 2025

The business of this bank is spread across India as well as USA, Singapore, Bahrain, Hong Kong, Dubai, China, UK, Canada and Germany etc.

Earlier, the branches of this bank used to be only in big cities, but now this bank is opening its branches in small towns as well, so that the number of customers will increase and the business of the bank will increase.

Apart from this, the management of this company is now considering opening its branch in rural areas as well, if this happens then we can see a boom in its business very soon.

If the company works like this with good decisions, then by the year 2025 its stock price can reach from Rs 1480 to Rs 1560.

ICICI Bank Share Price Target 2026

Coming second in the private bank, this bank is focusing on new innovations to move forward so that it can attract more customers.

Along with this increasing technology, this bank gives the best facilities to its customers, in this bank any customer can open their account through video call sitting at home.

This bank is also doing a great job in providing credit cards and the business of this company is growing rapidly in the field of credit cards as well.

Looking at this style of working of the company, we can estimate that its stock price can reach from Rs 1700 to Rs 1870 by the year 2026.

ICICI Bank Share Price Target 2030

A large part of the deficit of this bank also comes from the loan and this bank is trying to keep its minimum so that the bank can make maximum profits.

In the recent past, it has been seen that this bank is focusing more on retail loans as the chances of getting NPA into retail loans are very less.

Also, this bank is trying to attract more rural customers so that more and more customers can join this bank.

Also, all the customers who come to this company keep a good amount of money in their savings account, which is beneficial in growing the business of this bank.

If the company’s business continues to grow in this way, then we can see a lot of growth in its stock price, by the year 2023 its share price can be seen between 3000 to 3500.

Future of ICICI Bank share

If we look at the banking sector, then the business of ICICI Bank can be very big in the future because this bank is now trying to increase its business in rural areas.

And we all know that about 75 percent of the people of India live in villages.

Also, this company is expanding its business in the areas of SME Lending, Payment Ecosystem, Merchant Banking, which can have a very good impact on its business.

If the management of this company is seen, then it is doing a very good job and may be able to achieve a leadership position in the private banking sector in the future.

Risk of ICICI Bank share

Although the business of this bank is very good and investing in its stock is not that risky, but we should keep in mind that what can be the risk in this company.

The biggest risk in the business of any bank is the increase in the number of NPAs of that bank’s loans. If the number of its NPA increases in future, then it can become a matter of concern for its investors.

Shareholding Pattern of ICICI Bank Stock

Competitors of ICICI Bank

• HDFC Bank
• IDFC Bank
• Sate Bank of India
• IndusInd Bank
• Axis Bank
• Kotak Mahindra Bank

ICICI Bank share price target: FAQ

Conclusion

Through this post, we have shared the information related to ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030. Hope this information will help you a lot in your investment journey. If you want to invest in any share then you are advised to analysis the stock or take help your financial advisor.