ICICI 1427 is showing round top pattern. If unable to pass through 1440 we shall expect ICICI to break the neck support 1400 and drop to 1326 which could be considered for entry.
On Fy25 EPS of 76.5 it is trading around 19.9 PE where Industrial PE is 13. With an average PE of 18 from 2023, its fair value is at 1300.
On Fy25 EPS of 76.5 it is trading around 19.9 PE where Industrial PE is 13. With an average PE of 18 from 2023, its fair value is at 1300.
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