Is ICICI Bank down and out?

ICICI Bank is rumoured to be out of market and is about to bankrupt. Can you believe it?

Its as baseless as a well. Todyas run up confirms the same.

The bank has a book value of Rs. 417. Book value means that if a company fails today than what the investor get out of it.

Any stock available around its book value is a steel. And for a stock like ICICI Bank its simply a bargain worth taking risk.

So buy the stock any dip and forget for long term. You will surely be profited.