ICICI Bank profit may beat estimates, says StarMine

Written by Reuters | Mumbai | Updated: Jan 29 2014, 17:37pm hrs
ICICI BankICICI Bank Ltd is likely to beat consensus profit forecast for the October-December quarter.
ICICI Bank may beat consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects ICICI Bank to report a profit of 24.99 billion rupees ($398.85 million) for the quarter, compared with a consensus mean estimate of 24.57 billion rupees.

At 0420 GMT, ICICI Bank shares up 1.1 per cent.