Strengths

1.Company with high TTM EPS Growth

2.Effectively using Shareholders fund - 3.Return on equity (ROE) improving since last 2 year

4.Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness

1.Inefficient use of capital to generate profits - RoCE declining in the last 2 years

2.Decline in Net Profit with falling Profit Margin (QoQ)

Opportunity

1.Positive Breakout Third Resistance ( LTP > R3)

2.Decrease in Provision in recent results.

ICICI Bank Announced Q1FY23 Result :

1.Growth of 19.4% YoY to Rs 102.73 billion

2.Excluding dividend income from subsidiaries, core operating profit grew by 21.1% YoY

3.Average current account deposits increased by 23.0%YoY and 2.9% sequentially in Q1-2023

4.Average savings account deposits increased by 19.1% YoY and 4.4% sequentially in Q1-2023

Period-end term deposits grew by 11.4% YoY at June 30, 2022

5.Domestic loans grew by 21.7%YoY

6.Retail loans grew by 24.4% YoY

7.Rural loans grew by 8.4% Yo