Nestle better insulated from cost inflation than rural-heavy rivals: ICICI Sec's Manoj Menon
ICICI Bank is in focus in a monetary policy development.
· LiveMint Markets
Menon also said that DMart should avoid copying quick-commerce models and instead double down on its price advantage to protect market share.
The analysis
Against that, the stock is +3.8% on the day at ₹1,389.40, and has returned -1.9% over three months. It sits 5% below its 52-week high. The banks sector has moved -4.0% over the same period, so ICICI Bank is running 2.1 points ahead of its peers.
For ICICI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
Market context
- The company directly in focus is ICICIBANK.
- Sector exposure: Banks, Consumer & Retail.
In this story
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