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Emkay Global Financial Services positive on ICICI Bank

Updated : January 23, 2019 05:49 PM IST

In an interview to CNBC-TV18, Dhananjay Sinha of Emkay Global Financial Services shared his reading and outlook on specific stocks and sectors.

"As far as ICICI Bank is concerned it has been our conviction idea. As far as numbers are concerned, they had reported a good set of numbers in the last quarter and I think the momentum is going to play out even going forward," Sinha said.

"The stock has run up broadly inline with our expectations. Going forward also, it should actually perform. We think there is an upside to the stock even going forward. So, I am not too worried about the run-up that has happened," he said.

"Relative to SBI, we would still prefer ICICI Bank from a longer-term standpoint," Sinha added.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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