Bajaj Consumer, Fedbank Financial In Focus After Q2 Results; ICICI Securities Sees Up To 46% Upside
ICICI Securities rate stocks including ICICI Bank.
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ICICI Securities has maintained its Buy ratings on Bajaj Consumer Care and Fedbank Financial Services following their september-quarter earnings, citing healthy business growth and improving profitability.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from ICICI Securities, with ratings on the stocks named. The stocks: ICICI Bank.
- The “Up To 46% upside” is the brokerages’ own estimate: the gap between the share price when the note was written and their target price, usually set a year out. It is a forecast by the brokerage, not a move that has happened.
- Over three months: ICICI Bank -2.5% against Banks -6.0% (3.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ICICI BankICICIBANK · Banks | ₹1,398.00 | +0.8% | +5.8% | -2.5% | -4.4% | 0.9× | — |
Banks
1M -3.4% · 3M -6.0%
ICICI Bank
Financial Services
1M -8.8% · 3M -14.9%
Consumer & Retail
1M -4.9% · 3M -9.5%
Consumer Durables
1M -5.5% · 3M -12.4%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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