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ICICI Bank Ltd. Message Board

  • shahedwhat123 shahedwhat123 Jul 10, 2008 4:31 PM Flag

    Earnings revisions

    Hi guys,

    Has anyone noticed that the yahoo earnings for 09' has been revised downwards? If they happen to exceed, IBN will jump nicely!

    In 08' IBN is estimated to earn 2.07 and in 09' they are estimated to earn 2.02?



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    • rupee depreciation will get it down by 15%

      also, they hiked the repo rate, so credit growth will be less than previous estimates of 25%

      their strategy now is to focus on corporate credit and they keep talking about 700 billion capital required on infrastructure side

      overall, for long term it seems like it is a good price to buy. short term you never know where the low could be.

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