ICICIBANK - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | ICICIBANK | Market Cap | 10,07,749 Cr. | Current Price | 1,409 ₹ | High / Low | 1,500 ₹ |
| Stock P/E | 20.5 | Book Value | 448 ₹ | Dividend Yield | 0.78 % | ROCE | 7.61 % |
| ROE | 17.8 % | Face Value | 2.00 ₹ | DMA 50 | 1,376 ₹ | DMA 200 | 1,371 ₹ |
| Chg in FII Hold | -1.69 % | Chg in DII Hold | 1.68 % | PAT Qtr | 11,318 Cr. | PAT Prev Qtr | 12,359 Cr. |
| RSI | 57.9 | MACD | -0.78 | Volume | 1,13,92,311 | Avg Vol 1Wk | 1,72,89,169 |
| Low price | 1,200 ₹ | High price | 1,500 ₹ | PEG Ratio | 0.78 | Debt to equity | 5.53 |
| 52w Index | 69.6 % | Qtr Profit Var | -4.02 % | EPS | 68.8 ₹ | Industry PE | 15.8 |
📊 ICICI Bank (ICICIBANK) shows strong fundamentals with consistent profitability and attractive PEG ratio, though high leverage and recent profit decline pose risks. The RSI at 57.9 indicates neutral-to-positive momentum, while MACD (-0.78) suggests mild bearishness. The optimal entry price would be around ₹1,380–₹1,395, near the DMA support zone. If already holding, consider exiting around ₹1,480–₹1,495, close to the resistance near the 52-week high.
✅ Positive
- P/E (20.5) is reasonable compared to industry PE (15.8).
- PEG ratio of 0.78 indicates attractive valuation relative to growth.
- EPS of ₹68.8 supports strong earnings visibility.
- DII holdings increased (+1.68%), showing domestic institutional support.
- Stock trading above DMA 50 and DMA 200 indicates technical strength.
⚠️ Limitation
- Debt-to-equity ratio of 5.53 is high, reflecting significant leverage.
- Dividend yield of 0.78% is modest.
- ROCE (7.61%) is relatively low compared to peers.
- Quarterly PAT declined from ₹12,359 Cr. to ₹11,318 Cr. (-4.02%), showing earnings pressure.
- Trading volume lower than weekly average suggests reduced participation.
📉 Company Negative News
- Decline in FII holdings (-1.69%) shows reduced foreign investor confidence.
- Quarterly profit decline highlights short-term challenges.
📈 Company Positive News
- DII inflows highlight domestic institutional optimism.
- PEG ratio suggests undervaluation relative to growth potential.
- Stock trading near support levels offers swing trade opportunity.
🏭 Industry
- Banking sector benefits from rising credit demand and digital adoption.
- Industry PE at 15.8 highlights ICICI Bank’s slight premium valuation.
- Sector outlook remains positive with strong retail and corporate lending growth.
🔎 Conclusion
ICICI Bank is a fundamentally strong company with attractive growth valuation and consistent profitability, but high leverage and recent profit decline limit short-term upside. For swing trading, entry near ₹1,380–₹1,395 is favorable, with an exit target around ₹1,480–₹1,495. Strong fundamentals and sector demand make it a good candidate for swing trades, though traders should remain cautious about debt levels and momentum weakness.