Buy ICICI Bank, target price Rs 1,500: Axis Securities

Axis Securities recommends buying ICICI Bank shares with a target price of Rs 1,500. The current price is Rs 1275.9. ICICI Bank's consistent strong performance is expected, supported by strong business growth, fee income focus, controlled costs, asset quality, and adequate capitalisation. The primary risk is a slowdown in credit growth due to deposit mobilisation lag.