icici securities

New-age insurer Acko, backed by General Atlantic and Accel, is gearing up for its IPO, aiming for an early 2027 launch. The company has appointed Morgan Stanley, icici securities, and Kotak Securities as bankers. Acko targets a valuation of $2-2.5 billion, a significant increase from its previous $1.4 billion. This move comes as India's IPO market navigates global volatility.

Middle East conflicts are driving crude oil prices above $100 per barrel, significantly boosting earnings for Indian upstream oil giants like ONGC and Oil India. While these companies anticipate substantial profit increases due to higher realisations, they face challenges from declining production in aging fields.

India’s auto boom is back — but not for everyone. As SUVs surge and profits rise, entry-level cars are being left behind.

Customisation is the buzzword in health insurance as add-ons offer flexibility, but it may also lead to confusion

Stock market recommendations: APL Apollo Tubes, and HDFC Asset Management Company are Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities’ top stock picks for this week. Below are his stock picks and also views on Nifty.

The Bombay HC invoked the RBI’s ‘zero liability’ clause to protect a Pune senior citizen whose life savings were siphoned off by cyber fraudsters from his bank account in less than an hour. The court’s decision also sent a stern warning to private banks regarding their responsibilities in safeguarding customer funds

Emkay Global initiated coverage of Avenue Supermart with a sell rating, citing its high valuation. Morgan Stanley resumed coverage of UPL with an equal weight rating, seeing potential in global crop chemical volume revival. HSBC initiated coverage of Acme Solar with a buy rating, highlighting its rapid growth and long-term earnings visibility.

Uttar Pradesh leads India in preventing cyber fraud losses, blocking Rs 425 crore in eight months via its Cyber Fraud Mitigation Centre. This real-time coordination between police and banks, established in July 2025, significantly improved fund recovery, especially within the crucial 'golden hour' for interventions.

icici securities has reported a 61 per cent jump in profit after tax (PAT) to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins.