ICICI Bank stock: Jefferies keeps INR 1,750 target for ICICI Bank stock

Published on 10/19/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 profit rose 20.10 percent to INR 148.43 billion on October 19, 2026. ICICI Bank stock costs EUR 26.40 on October 19, 2026 at 4:02 p.m. CEST.

Analyst view and bank results

Jefferies maintained a INR 1,750 target on October 19, 2026, 23.94 percent above the BSE price.
Second-quarter net profit rose 20.10 percent to INR 148.43 billion on October 19, 2026.
ICICI Bank stock costs EUR 26.40 at Lang & Schwarz on October 19, 2026 at 4:02 p.m. CEST.
The market capitalization was USD 106.4 billion and the price-to-earnings ratio was 16.96 on October 19, 2026.

ICICI Bank, banking, analyst target, quarterly profit, NYSE, Illustration mit AI erstellt.

Jefferies maintained its Buy rating and INR 1,750 target for ICICI Bank on October 19, 2026, according to The Economic Times. Against the BSE price of INR 1,412 cited in the same report, the target is 23.94 percent above the price. ICICI Bank was trading at EUR 26.40 at Lang & Schwarz on October 19, 2026 at 4:02 p.m. CEST.

Quarterly profit reaches INR 148.43 billion

ICICI Bank reported second-quarter net profit of INR 148.43 billion on October 19, 2026, up 20.10 percent from INR 123.59 billion a year earlier, The Economic Times reported. Net interest income increased 17.70 percent to INR 253.39 billion, while the net interest margin narrowed to 4.18 percent from 4.30 percent in the year-ago quarter.

The bank's investor-relations page lists the financial results for the quarter ended September 30, 2026 and the related investor presentation, ICICI Bank states.

Stock position on October 19, 2026

The US-listed ADR stood at USD 29.65 at 10:09 a.m. ET on October 19, 2026. Its 52-week range was USD 25.08 to USD 31.85, placing the price 6.90 percent below the high and 18.19 percent above the low. Trading volume reached 1,979,885 shares against an average of 5,218,378.

Valuation and upcoming dates

ICICI Bank's market capitalization was USD 106.4 billion on October 19, 2026, and its price-to-earnings ratio was 16.96. The finance results for the September quarter were published after the board meeting held on October 17, 2026, while the investor-relations page identifies September 2026 as the period of the second-quarter presentation.

Comparison with peers

ICICI Bank (NYSE, USD): P/E 16.96, market capitalization USD 106.4 billion

HDFC Bank (NSE, INR): minus 2.31 percent, P/E 13.72, market capitalization INR 11.0 trillion

Kotak Mahindra Bank (NSE, INR): minus 1.14 percent, P/E 21.68, market capitalization INR 4.4 trillion

Euro quote and US listing

The Lang & Schwarz quote was EUR 26.40 on October 19, 2026 at 4:02 p.m. CEST. On the NYSE, the ADR stood at USD 29.65 on October 19, 2026 at 10:09 a.m. ET.

Market context: Market report S&P 500.