Brokerages remain bullish on ICICI Bank after a strong quarter, citing stable margins, healthy loan growth and improving asset quality. Motilal Oswal, Elara Capital and JM Financial maintained buy ratings, with target prices up to Rs 1,783. They expect steady returns, strong buffers and consistent execution to support premium valuations and earnings growth over FY27-28.

Total loans at the country's second-largest private lender by market capitalization rose 15.8% from a year earlier, led by continued momentum in retail lending.

Brokerages remain bullish on ICICI Bank after a strong quarter, citing stable margins, healthy loan growth and improving asset quality. Motilal Oswal, Elara Capital and JM…