Validea Motley Fool Strategy Daily Upgrade Report - 1/24/2023

The following are today's upgrades for Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.

ICICI BANK LTD (ADR) (IBN) is a large-cap growth stock in the Money Center Banks industry. The rating according to our strategy based on Motley Fool changed from 65% to 72% based on the firms underlying fundamentals and the stocks valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: ICICI Bank Limited (the Bank) is a banking company. The Bank is engaged in providing a range of banking and financial services including commercial banking and treasury operations. The Bank's business segments include Retail Banking, Wholesale Banking, Treasury, and Other Banking. The Bank provides a range of products, which includes savings account, women's account, senior citizen account, current accounts, credit cards, home loan, personal loan, car loan, gold loan, fixed deposit, recurring deposit, life insurance, and general insurance. It provides a range of Internet banking services, which includes pay bills, raise service request, and make transfers. It also offers a range of mobile banking services, which includes iMobile Pay, short message service (SMS) banking, Call to Pay, and immediate payment service (IMPS). Its general insurance products include health insurance, travel insurance, home insurance, two wheeler insurance, and car insurance.