Rajesh Agarwal of CD Equisearch has suggested the shareowners to stay invested in ICICI Bank for long term.
Agarwal told, “In ICICI Bank funds, but because of interest rates stabilizing the margins will be better this time. It is currently quoting at a PE of 28, I think the bank has a very good long-term prospect and one could hold for a long term. The price target would be in the range of Rs 1,100-1,150 in a period of 6-9 months.”
Centurion Bank of Punjab is quoting at Rs 41.40, up Rs 1.
According to the sources, State Bank 
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of CD Equisearch has suggested the shareowners to stay invested in ICICI Bank for long term.
