NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
ICICI Securities has maintained 'Buy' rating of RBL Bank Ltd. with a target price of Rs 415, implying an upside potential of 36% from the current market price of Rs 306.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The brokerage believes RBL offers attractive risk rewards with strong upside but limited downside due to impending open offer.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Capital infusion by Emirates NBD has not been incorporated as approvals are pending. Book value is expected to remain around Rs 290/share since the infusion is priced at Rs 280/share.
Post consummation, a substantial rise in net worth, CET1, technology capabilities, and distribution is anticipated, positioning the bank for accelerated growth.
Pro forma RoA is projected to exceed 1.5% structurally, while RoE may stay in single digits due to low leverage.
Near-term improvement in NIM/RoA and revival in MFI and credit card growth is expected.
Downside protection is provided by the Rs 280 open offer; key risk remains any delay in deal closure.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
