For the first time in five years, equity funds gave positive returns in 2014. As the Narendra Modi government looks to step up its reforms agenda, here's a list of stocks which are expected to be top performers in 2015:
Target Price - Rs 390
ICICI Bank has continued to demonstrate its prowess in improving ALM, maintaining robust liability franchise, managing asset quality risk along with conserving capital. . We believe management's focus on stable growth with improving structural profitability is likely to continue. We value standalone business at Rs.314 (2.0x FY16E ABV) and subsidiaries at Rs.76.
Text: Kotak Securities
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