Saturday, 25 January 2020

ICICI BANK Q3 RESULT UPDATE.

ICICI BANK on January 25 registered a healthy 158.4 percent year-on-year (YoY) growth in Q3FY20 profit, driven by lower provisions and recoveries from non-performing loans (NPLs).

Net profit increased significantly to Rs 4,146.46 crore during the quarter, from Rs 1,604.91 crore in the same period last year.

NII during the quarter grew by 24.3 percent YoY to Rs 8,545.32 crore with loan growth of 13 percent YoY (to Rs 6.35 lakh crore) and 37 bps improvement in net interest margin.

Domestic advances grew 16 percent YoY and retail loan grew 19 percent YoY, the bank said, adding net interest margin for the quarter stood at 3.77 percent, higher from 3.64 percent in September quarter and 3.4 percent in December quarter 2018.

Total deposits increased by 18 percent to Rs 7.16 lakh crore, wherein CASA deposits grew 15 percent and term deposits grew 24 percent YoY.

Asset quality improved sequentially with gross non-performing assets (NPAs) as a percentage of gross advances falling 42 bps to 5.95 percent and net NPA declining 11 bps to 1.49 percent in the quarter ended December 2019.

Disclaimer - Make your own research before taking any decision on buy or sell of stock or ask to your financial advisor i have just shared this post for information purpose only.




199 comments:

  1. Rajbhai your views on JSW steel for expiry. Holding future buy @ 266. Result not gud but outlook solid

    ReplyDelete
  2. Hi Sir your on bank nifty tomorrow

    ReplyDelete
  3. Hi sir your view for Nifty tomorrow

    ReplyDelete
  4. What is the target for
    Larsen
    HDFC bank
    Tcs
    After budget

    ReplyDelete
    Replies
    1. There is nothing like target if your view is long term than hold on

      If your view is short term than budget can't be predicted

      Delete
  5. Raj Sir with due respect I am holding inbox wind at 46 rupees as suggested by u. Please guide should I hold it or sell it .Please comment

    ReplyDelete
    Replies
    1. Bro i have suggested @35.50 not at 46 we have booked @46 on 17th January you can scroll up on our channel and check this post of 17th January

      👇👇👇

      INOX WIND BOOK FULL @46

      AFTER THAT DON'T ASK WHAT TO DO IT HAS GONE DOWN THAT TYPE OF QUESTION

      So better to exit it on rise or keep strict sl of 40

      Delete
  6. Hi sir whts your view on budget.
    Will it be gud for market or bad.
    Can market go up aftr budget or it will crash

    ReplyDelete
    Replies
    1. It only depends on budget and only know on budget day

      Delete
    2. It only depends on budget and only known on budget day after analysing it

      Delete
  7. Hi sir whats view on dabur.
    What will be its major support and resistance

    ReplyDelete
  8. Dear Raj Bhai

    Your view on HAVELLS at CMP for short term?

    ReplyDelete
  9. Sir I am holding hdfc AMC at 3210. Should I hold it or wait ?? Please suggest .

    ReplyDelete
    Replies
    1. Keep Sl of 3160 on closing basis and hold on

      Delete
    2. Sir today only I bought this hdfc AMC after your suggestion that it will go till 3300 to 3400

      Delete
    3. Ok no problem keep Sl as mentioned

      Delete
  10. Sir in some of your post u always says POWER OF CHARTS
    Sir can u if possibile explain how to study any chart of a stock

    ReplyDelete
    Replies
    1. No sorry but it is not possible
      It can't be explained as easy as you think and i am not running any classes of it so it is not possible hope you understand

      Delete
  11. Good evening Raj sir
    I have Mphasis shares @891 one month before, 200 qty. Now trading@ 925.. Can this stock has potential to become multibeggar in 3-5 years.. Is stock in under valued? Please send ur view....

    ReplyDelete
  12. Good evening raj sir, I seek ur view on three best pharma shares, which can be bought at cmp for good gains in short to mid term

    ReplyDelete
  13. Is ItC god for long term.. what should be the long term stoploss

    ReplyDelete
    Replies
    1. Yes it is good for long term no need of sl

      Buy 50% here and add more on dips

      Delete
  14. Sir

    Need ur advice on reliance having 1540 Feb call at 40.

    ReplyDelete
    Replies
    1. No view on options

      RELIANCE SUPPORT 1440 RESISTANCE 1550

      Delete
  15. Hi sir whats your view on colpal and baja auto results can bet on it as a result bet on tomoorow.
    What will be major support and resistance for baja auto and colpa

    ReplyDelete
    Replies
    1. Coalgate is near support 1460 is good support for it

      Bajaj auto not much idea about it

      Delete
  16. Sir,

    I purchased AKZO @ 2,240 couple of months ago on your buy call and it has hit stop loss but i did not exit. Thats my bad/mistake. Now a days i see momentum, Should i exit at cost to cost or wait for more upside and book profit. If so suggest what levels can be expected.

    ReplyDelete
  17. Sir
    Can we buy irctc at current price for long term??

    ReplyDelete
  18. Your view on SBI Bank share will it open with gap up tomorrow as it result day till what price it may go as there is an IPO for SBI card in coming days is it good time to buy SBI now... and any idea about SBI IPO when we can buy it what will be the price i heard its around 250 its it correct.

    ReplyDelete
    Replies
    1. Sbi cards currently not much new info

      Sbi major support at 300

      Delete
  19. Hi Raj,

    View on Jagran Prakashan for tomorrow.
    Results seem fine.

    Thanks & Regards,

    ReplyDelete
    Replies
    1. Result are good if sustian above 71 than good upmove is possible otherwise it will be in range of 60-70

      Delete
  20. Sir what is your view on icici bank in long term. Can I book now and hold it for long term?? Please suggest.

    ReplyDelete
    Replies
    1. Hold on

      If you don't need money than hold on

      Book near 600

      Delete
  21. Sir I am keeping HDFC AMC at 3125. Can I exit now to renter later. Looking at charts,
    1. I am seeing it can come down. Can it go below my if it breaks some price ?
    2. It is for long term I am keeping, but with nifty coming down and with growing concerns of CoronaVirus and slowdown, is it better to come out ?
    Thank you Sir

    ReplyDelete
    Replies
    1. Bro first of all as you said you have bought for long term than don't sell your long term holding for short term view as when market will reverse no one can say and hdfc amc will go up once you can not buy it so never sell your long term holding for small benifits

      Hdfc amc if tomorrow LTCG is removed than it will be biggest benificiary of it

      So keep watch on it

      Delete
    2. LTCG is not removed, amc came down hard. Should I stay invested ? Or will it give a bounce back based on charts so that I can exit with minimal loss.

      Delete
    3. Already said if your view is long term than hold if your view is short term than exit

      Now you have to decide you have bought it for short term or long term

      Delete
  22. Sir .. i am a big fan of your self discipline and greed control.. you are such a balanced man ..hatsoff to you sir

    ReplyDelete
  23. Sir can we buy hdfc life in this dip?

    ReplyDelete
    Replies
    1. Yes if your view is long term than definitely buy it

      Delete
  24. Now sir whats your view on nifty.
    Will it recover on momday.
    Or still much more pain fully downside we can see on it.

    ReplyDelete
    Replies
    1. Still it may fall on Monday as BUDGET is not looking good

      Delete
  25. Good evening raj sir, please analyse the whole Budget minutely and let us know, which equities are good to invest in sip mode till next budget, please also suggest sectors, on which u are bullish till next budget Or mid to long term

    ReplyDelete
    Replies
    1. I don't think there is anything good in budget

      That's why only see market reaction 1000 point down

      Delete
  26. Sir i have hdfc@2455 and hdfc amc@3300.
    Sir it has crash much more today should i hold or exit.
    What will be it major support and resistance of this both stock hdfc and hdfc amc

    ReplyDelete
    Replies
    1. If your view is long term than definitely hold on

      If your view is short term than exit

      Delete
  27. *Budget 2020 Highlights:*

    * 60 lakhs new taxpayers added via GST introduction

    * New simplified GST returns from April 2020

    * FDI elevated during period 2014-2019 to $284bn

    * Central government debt reduced to 48.7% of GDP in 2019

    * 16 points action plan for agricultural & irrigation sector under aspirational India

    * New Education Policy will be announced soon

    * ECB and FDI will open in education sector

    * Degree level full fledged online programs to be started

    * National Police University & Forensic university is proposed to be set up

    * INR 99,300 cr proposed for education sector

    * Investment clearance cell to be set up to facilitate investments and to provide advisory at State as well as Centre level

    * 5 new smart cities to be developed

    * Move to develop each district an export hub

    * INR 27,300 cr for promotion of industry & commerce

    * National logistics policy to be released soon

    * Digital refund of duties to exporter

    * Setting up of solar panels on barren lands

    * More Tejas types train to be introduced to connect iconic cities

    * 100 more Airports to be developed by 2024

    * Proposed to states to replace old electric meters to the smart pre-paid electric meters. This will give flexibility to consumer to choose service provider.

    * INR 22,000 cr proposed for power & renewal energy sector

    * Private sectors to built data centre parks throughout the country, policy may come soon

    * INR 6,000 cr proposed for 'Bharat Net'

    * Funding for ideation and start up

    * INR 28,600 cr proposed in this budget specific to women

    * Proposed to set up Indian Institute of Heritage & culture as a deemed university

    * 5 Archeological sites would be developed as iconic sites with onsite museums

    * Setting up of Tribal Museum in Ranchi, Jharkhand

    * INR 2,500 cr proposed for development of Tourism sector

    * Taxpayer's charter to be a part of statute to build confidence/trust

    * Government will ensure that citizens need not worry about tax harassment. There is a debate on building criminal liabilites for civil acts. Companies Act will be amended to correct this

    * Robust mechanism is in place to monitor health of all scheduled banks

    * Insurance cover for deposits increased from INR 1 lakh to 5 lakh

    * Universal pension coverage with auto enrollment to be introduced (through PFRDI) to every person

    * Invoice financing by NBFCs to MSME sector - Amendments to be made in Factoring Act

    * Certain amendments to be made in SARFESI Act

    * Non residents can invest in certain Government securities

    * Liquidity constraints of NBFCs & HFCs will be addressed - Government has taken steps from last year

    * International Buillion exchange to be setup in GIFT IFSC

    * LIC initial public offer will come to list on stock exchange; Government will sell part of its holding

    *Tax Proposals*

    * Personal income tax - proposed to bring new income-tax regime for individual Taxpayer's
    New slab rate (without exemption)
    10% - income 5 - 7.5 lakhs
    15% - 7.5 - 10 lakhs
    20% - 10 - 12.5 lakhs
    25% - 12.5 - 15 lakhs
    30% - Above 15 lakhs
    Income upto 5 lakhs no tax

    * if individual ears income of 15 lakhs then tax would be 1.95 lakh vis-a-vis 2.73 lakhs as earlier

    * New scheme of individual tax rates is optional

    * FM says - reviewed all existing income tax exemptions and removed 70 of them in new regime and will review remaining and rationalize

    * Propose to remove DDT and dividend would be taxable in the hands of shareholders; removal of cascading effect of dividend distributed by holding to subsidiary (25k cr revenues forgone on account of DDT abolishion)

    * Concessional tax rate for electricity/power generation companies

    ReplyDelete
  28. * 100% tax exemption on new investment by foreign funds in infrastructure sector by 2024 with a minimum lock in period of 3 years

    * ESOPs given by startups to employees currently taxed as perquisites; deffering of tax payment by employees to 5 years

    * Increase in turnover limit from 25 cr to 100 cr for startups

    * Deduction can be claimed by startups upto 10 years

    * Tax audit turnover threshold limit increased from 1 cr to 5 cr

    *  Concessional 5% withholding tax has been extended  to municipal bonds. Cooperatives are taxed at 30 percent now. Cooperatives can choose a 22 percent tax with 10 percent surcharge and 4 percent cess with no exemptions.

    * Complete online registration of charitable institutions

    * Faceless appeals on the line of faceless assessment

    * Vivad se Vishwas Scheme introduced - New direct tax dispute settlement scheme

    * More than 4.83 lakhs cases pending at various forums

    * Taxpayer's need to pay only disputed amount of tax (no penalty be charged) by March 2020; scheme will be available till June 2020 but some additional payment to made in-addition to tax

    * CBDT to adopt Taxpayer's charter

    * PAN shall be instantly allotted on the basis of Aadhar without any filling up of form

    * Personal interface with tax administrators will be at minimum level

    * GST reforms will continue including a simplified return-filling form. FM says, refund has been simplified and has been fully automated.

    ReplyDelete
  29. Hi Sir,
    What would be the ideal price to enter IRCTC.
    Please suggest some stock for investment purpose

    ReplyDelete
  30. Hi Raj,
    What's your view on HGinfra please share.

    ReplyDelete
    Replies
    1. If your view is long term than buy on dips keep Sl of 150

      Delete
  31. Will market go further down on monday. If goes down, how much we can expect??

    ReplyDelete
    Replies
    1. Yes it may go down still more on Monday as budget is not good for economy and specially for stock market it's my personal view

      Delete
  32. Sir,

    Is it good to buy Hdfc bank@1200 , HDFC Ltd @2250 or Shall I buy small bank stocks because of Bank Deposit guarantee increased to 5 lakh from present 1lakh.

    Thanks

    ReplyDelete
    Replies
    1. Bank deposit rule doesn't affect any bank share price

      If you want you can both with view of long term

      Delete
  33. Hi Sir,
    What would be the ideal price to buy IRCTC

    ReplyDelete
    Replies
    1. There is not any fixed price

      Buy 25% here and keep adding on dips of every 50 rs

      If your view is long term

      If your view is short term than avoid

      Delete
    2. What return should I expect in next 3years?
      Can it get double in 3 years time frame.

      Delete
    3. If monopoly of Irctc remains intact than definitely possible

      Delete
  34. Raj sir, I am holding idbi bank shares at 38.80 , should I hold it or exit. What is going to happen as govt decided to sale it's stake . Please advice.

    ReplyDelete
    Replies
    1. If your view is short term than exit on rise

      If your view is medium term like 1 year than hold on

      Delete
  35. Muthootcapital holding at 590. Hold or exit?

    ReplyDelete
    Replies
    1. If your view is short term than already given sl of 570

      If your view is long term than hold on

      Delete
  36. Hi Sir, Im Holding icici prulife @450, Should I hold it or sell , beacuase of budget ?

    ReplyDelete
    Replies
    1. If your view is long term than add more on dips

      If your view is short term than exit

      Delete
  37. Raj sir one guy is copping your research and calls that you provide in your channel. Name of that channel is free stock market tips.i am your old student from last 2 years

    ReplyDelete
    Replies
    1. Sorry but i am not able to find that channel can you please share link of it

      Thank you for information

      Delete
  38. Hi sir whats your view on larsern and ril aftr major fall
    What will be its major support and resistance for ril and larsern

    ReplyDelete
    Replies
    1. Support of Reliance 1340-1360
      Resistance 1450-1500

      Larsen support 1225-1165
      Resistance 1330-1400

      Delete
    2. Can we buy both @CPM

      Delete
    3. Yes if your view is long term than buy

      Delete
  39. Hi sir, what's ur view on nifty for this week

    ReplyDelete
  40. Sir
    Missing ur future calls
    Please help with

    ReplyDelete
    Replies
    1. Already shared many future calls

      In last month

      Dr ready ; Reliance ; pvr ; Britannia ; SRF

      If bought it than easily 1 lakh+ rs profit possible hope as you are asking for Future calls you have traded this all and make mega jackpot profit in it

      Now when again there will be opportunity I will share again

      And if you have not bought this above mentioned stocks last month than please don't ask for Future calls

      I only share those segment calls where there is opportunity

      Delete
  41. Hello Raj Sir,
    Kindly advise Target for Britannia for next 2- 3 days

    ReplyDelete
    Replies
    1. Britannia looking good

      Above 3130 it is good hold on just keep trailing your SL

      Delete
  42. Sir

    Whats Your View on ROTO Pumps , Why is it Falling inspite of Positive aspect on Budget announcement of Irrigation Development

    ReplyDelete
    Replies
    1. It is just as simple

      Buy on rumours sell on news based theory

      Delete
  43. Sir What is your View on PNBHOUSING for short term ? It has already bottomed . shall we accumlate

    ReplyDelete
    Replies
    1. Major support at 370 if not break than again 500+ possible

      Delete
  44. What is view on bank nifty??
    Can jt touch to 28k till month end as per head and shoulder pattern??

    ReplyDelete
    Replies
    1. Bank nifty if break 29500 and sustainable below that than only new downmove possible

      Delete
  45. is it good to enter in irctc at cmp ??
    how far it will goo

    ReplyDelete
    Replies
    1. Sky is limit.

      Keep some sl and buy if you want

      Delete
  46. Sir Eicher motors results on 6th does sales no are down for previous months does it effect quarterly results sir please share ur views

    Thanks

    ReplyDelete
    Replies
    1. Eicher motors major support at 19000 if not break than again 21500 is possible

      So keep this levels on radar

      Delete
  47. Hi Rajji,could you please share Ur views on marico for short term. As usual,today also all the calls are rocking.

    ReplyDelete
  48. Good morning raj sir, Tesla, electric car maker company`s share price increased over 35% in a couple of days.. So how will be opening of force motor??

    ReplyDelete
  49. Hello Sir, Can you please share support and resistance for Nifty and Bank nifty.

    What is your personal view on market for tomorrow with RBI policy

    ReplyDelete
    Replies
    1. Nifty support 11700-12000
      Resistance 12200

      Banknifty no view

      Delete
  50. Sir your view on sun phpharma ??

    ReplyDelete
  51. Hi Raj sir,

    Can you recommend few mutual-fund for SIP based investment?

    Do you think HDFC-AMC ,Bajaj twins and Tata-elxi price will drop in near future ?

    Thanks

    ReplyDelete
    Replies
    1. About Mutual fund I don't have idea

      No this are quality stocks they correct less and moves up more

      Delete
  52. Hi sir today bought hdfc amc @3250 and booked @3300.
    Full n joy sir.
    But can bought again it on tomorrow opening.
    What will be tr and sl for tomorrow

    ReplyDelete
  53. Will Dmart go down/correct in next week..as its running one sided since few days..so I can exit now and re enter again..??

    ReplyDelete
    Replies
    1. If your view is short term than exit

      If your view is long term than hold

      Delete
  54. Hi Sir, is it right time to pick insurance stock or wait for some correction to happen due to budget declaration.

    Which one to consider/watch --> HDFC Life, SBI Life or ICICI Prulife from long term perspective.

    Thanks

    ReplyDelete
    Replies
    1. Buy here and add more on dips

      Delete
    2. Could you please suggest which one to select - HDFC Life, SBI Life or ICICI Prulife

      Delete
    3. All 3 are good select any of them

      Delete
  55. Hi Raj, What is your view on Hindustan Unilever and Bostch Stock? What are support and Resistance Levels for both?

    ReplyDelete
    Replies
    1. Hul support 2140 resistance 2300-2400

      Bosch 13500 support 15000-15500 resistance

      Delete
  56. Shoud i buy idea for long time??

    ReplyDelete
  57. Hi sir what is your view on bank nifty

    ReplyDelete
  58. Hi sir whats your view on britanias result.
    Can we go long on monday @cmp.
    What wil its major support and resistance

    ReplyDelete
  59. Good evening raj sir, please tell me only one if possible, and if not, then maximum two stocks that are trading at discount rates and can give maximum returns in 6 months, one year or two year.. Thanks sir

    ReplyDelete
  60. Sir Heg mere pass 33hai 1500 keep rate ke sell y'all hold

    ReplyDelete
  61. Hello Sir,

    Please ignore my previous message i posted bit bigger number that was typo. I brought hdfcamc @ 3060 i am expecting 3400. Is it possible next week.

    ReplyDelete
  62. Hello Sir,

    Can you please give your view on Cipla?

    ReplyDelete
    Replies
    1. Cipla positve view

      Keep Sl of 434 and hold

      Delete
    2. Thank you very much for your view sir :)

      Delete
  63. Sir, thanks for your call on JK cement. Just saw the result. Your budget calls always rocks. Any target in kind right now or have to wait till Monday.Thanks

    ReplyDelete
  64. Hi sir if bjp loss in delhi what will be efect on market

    ReplyDelete
  65. Hi raj bhai whats your view on niit tech will it cross it 52week high.
    What will be its major support and resistance

    ReplyDelete
  66. Plz tell zeel view for monday

    ReplyDelete
  67. Sir i just have 1lac to trade and also can't take much risk ... any specific guidance in this circumstance to trade in your call for me..

    ReplyDelete
    Replies
    1. You can trade in small quantity with sl as mentioned

      Delete
  68. Sir,your view on GNFC for tomorrow

    ReplyDelete
    Replies
    1. Gnfc results tomorrow result may not be good so buy after result

      Delete
  69. Sir I booked profit 2.6k at 1283 for HEG and thank you for the great call. I would like to hold Johnson Control, JK Cement for long term. What will be the SL for these two stocks? Is Venky at good level to buy at CMP

    ReplyDelete
    Replies
    1. You are welcome enjoy

      Yes you can hold Johnson and jk cement no need of sl both are strong fundamental stock

      VENKEYS avoid

      Delete
  70. Sir, your view on Dmart and justdial for tomorrow?

    ReplyDelete
    Replies
    1. Dmart buy on dips

      Just dial 500 is make or break level keep watch on it

      Delete
  71. Hi Raj..Am investing in gillete for long term..I have observe that Gillette is consolidate in price range zone for 4000 to 6000 ...later 6000 to 8000...Now back to 6300 level...Here consolidation continues ...provide support and resistance and result in 13 February...whats your view on result...and future growth story of .gillete ...

    ReplyDelete
    Replies
    1. Gillette is strong fundamental stock

      Buy on every dips for long term

      It is not a trading stock

      Delete
  72. Hi Sir,
    Holding Dmart120 @ 1400 should i hold
    and can I add more 30shares at what price.

    ReplyDelete
    Replies
    1. Buy if get 200-300 rs correction from high price

      Delete
  73. Hi sir today bout hadfc amc@3350 and sold @3390 intraday have a great profit.
    But it has given close to 3324 aftr made high of 3410 so can i buy tomorrow also for gud profit.

    ReplyDelete
  74. Sir whats your view on hadfc amc am holding @3100.
    Aper your msg what will the big tr possible for it

    ReplyDelete
    Replies
    1. Sir Can u suggeat some target and strick stop loss to me. For hdfc amc

      Delete
  75. Sir g today i bought hadfamc 3400 can i hold for 2/3 day as you said big tr possible.
    Or exit tomorrow at any price

    ReplyDelete
    Replies
    1. Bro you have bought at high price I have suggested at 3300 not 3400

      But no problem hold on it can give good returns

      Delete
  76. Hello Raj,

    If you can remember I had reached out to you with respect to Indian Bank shares.

    Not sure why it is going down even after good results. I'm very much worried. Please suggest me by when it will move towards positive direction

    ReplyDelete
    Replies
    1. Yes it result are good but it is falling as rest of psu banks are also falling it will only move up in psu banks rally till that you have to forget it

      Delete
  77. Hi sir support and resistance of lichsgfin and rbl bank ?

    ReplyDelete
  78. Hello sir
    Can we buy irctc for long term after today’s fall??

    ReplyDelete
  79. Sir, your view on Force motor for tomorrow

    ReplyDelete
  80. Hello Sir,
    I am holding Drreddys @ 3200.whats you r view on Support and Resistance

    ReplyDelete
  81. Sir what is ur view on public sector banks stock like Allahabad bank and andhra bank, they are at low can I buy them. What about granules stock it is gaining 35 rupees in just one week. Should I buy it now or wait for dips? Please suggest

    ReplyDelete
    Replies
    1. GRANULES already suggested at 130 now it has already moved up so avoid it

      Buy on dips only GRANULES


      Psu banks avoid

      Delete
  82. Hi sir I am a ca student , what course and additional cource should I go to be able to read charts like you and get the targets. Ty

    ReplyDelete
    Replies
    1. Only experience and practice no need to read any book

      Delete
  83. Dear sir
    Bahan finance kindly update i m take. Call option 4800 ce at 36 of this month. Kindly explain wether it will reach the price of cost to exit or further it will leap.

    ReplyDelete
  84. Dear sir I am holding indusland bank 8 shares at price of 1413 for 6 month time frame. Can I hold if or sell? Plz suggest

    ReplyDelete
    Replies
    1. Sell on rise and shift to better fundamental stock like Whirlpool ; hdfc ; RELIANCE or Kotak bank

      Delete
  85. Hi Sir, which are all the stocks good to buy now for long term.Please suggest.

    ReplyDelete
    Replies
    1. Reliance ; hdfc ; tcs ; Whirlpool ; Britannia ; Tata elxsi ; Ceat

      Delete