JM Financial sets INR 1,010 target for ICICI Bank stock

Published on 10/13/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ICICI Bank's results are due on October 17, 2026. ICICI Bank stock costs EUR 25.15 on October 13, 2026, up 0.57 percent on NYSE.

Key points in brief

JM Financial assigns ICICI Bank a INR 1,010 target on October 13, 2026, versus a cited INR 734.90 market price.
ICICI Bank is scheduled to consider results for the quarter and six months ended September 30, 2026, on October 17, 2026.
ICICI Bank stock was EUR 25.15 at Lang & Schwarz on October 13, 2026 at 1:01 p.m. CEST, while the NYSE listing was up 0.57 percent against October 12.
The bank's market capitalization was USD 100.3 billion and its price-to-earnings ratio was 17.58 as of October 12, 2026.

IBN, US45104G1040, Illustration mit AI erstellt.

JM Financial set a INR 1,010 target for ICICI Bank on October 13, 2026, while citing a current market price of INR 734.90, according to The Economic Times. The target is 37.43 percent above that cited Indian market price. At Lang & Schwarz, the euro quote was EUR 25.15 on October 13, 2026 at 1:01 p.m. CEST, while the NYSE listing was up 0.57 percent against October 12.

Results date brings the next test

ICICI Bank is scheduled to consider unaudited results for the quarter and six months ended September 30, 2026, on October 17, 2026. The announcement also covers a media call on the results, according to Bsenexus.

The date matters because it will update the bank's earnings picture after the June 30, 2026 quarter. For the stock, the main measurable gap in the current analyst view is the INR 275.10 difference between the cited market price and JM Financial's target.

Euro quote stays inside the range

The Lang & Schwarz price of EUR 25.15 sits between the 52-week USD range of USD 25.08 to USD 33.03 for the NYSE listing. The latest NYSE quote was USD 28.05 on October 12, 2026 at 4:00 p.m. ET, with a market capitalization of USD 100.3 billion and a price-to-earnings ratio of 17.58.

ICICI Bank's NYSE listing had a daily volume of 2,559,017 shares against an average volume of 5,188,651 shares on October 12, 2026. That places the session volume at 49.32 percent of the stated average, a useful liquidity marker for investors comparing the ADR with Indian trading.

Comparison with peers

ICICI Bank (NYSE, USD): plus 0.57 percent, price-to-earnings ratio 17.58, market capitalization USD 100.3 billion
HDFC Bank (NYSE, USD): plus 1.35 percent, price-to-earnings ratio 13.95, market capitalization USD 115.8 billion
State Bank of India (NSE, INR): plus 1.70 percent, price-to-earnings ratio 10.25, market capitalization INR 8.8 trillion

What the target means for the stock

JM Financial's INR 1,010 target is a dated reference point rather than a euro valuation for the ADR. The 37.43 percent target gap is calculated against the INR 734.90 market price cited in the report, while the EUR 25.15 quote belongs to Lang & Schwarz and remains a separate trading reference.

Trading levels for October 13

ICICI Bank stock was trading at EUR 25.15 at Lang & Schwarz on October 13, 2026 at 1:01 p.m. CEST. The NYSE listing was last quoted at USD 28.05 on October 12, 2026 at 4:00 p.m. ET, up 0.57 percent from USD 27.89 on that session.

The further course of trading is shown by the continuously updated real-time quote of IBN stock.