IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 |Industry: Banks
|Expensive Performer
Durability score
40 /100
Valuation score
18.2 /100
Momentum score
32.2 /100
Market Capitalizati...
90,023.0 Cr.
AVG Broker Target
1,963.1
PE TTM Price to Ear...
23.1
IndusInd Bank Ltd.    
14 Jan 2019, 11:21AM
1495.20
0.75%
Business Line
Shares of IndusInd Bank Ltd fall as much as 2.42 per cent to 1,478.55. This has been the lowest since December 11, 2018.The bank's stock broke below
Promoters pledge reduced to 26.38% of holdings in Dec 2018 qtr.
IndusInd Bank Ltd.    
11 Jan 2019
1495.20
0.75%
buy
Geojit BNP Paribas
The GNPA/NNPA ratios are increased marginally to 1.13%/0.59% on YoY basis due to higher slippages from corporate and an additional contingent provisioning for IL&FS; exposure. We value the bank at 2.7x BV of FY21 and maintain our Hold rating with a...
IndusInd Bank Ltd. has an average target of 1963.06 from 20 brokers.
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
Business Line
Prabhudas LilladherIndusInd Bank (Buy)CMP: 1,566.45Target: 1,765Quick pointers: a) Bank has created another 250 crore of contingent provisions ove
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
Results Dashboard: operating profit margins take a hit, Indusind Bank exception so far

Falling operating profit margins have dented the December quarter results of early announcing companies so far, with Tata Elxsi, Delta Corp and Bajaj Corp all reporting declining operating prof margins of -6.17%, -3.64% and -5.12% respectively. IndusInd Bank saw marginal growth in this metric, rising by 0.86% YoY. The bank reported double digit revenue growth, and net profit growth YoY of 5.2%. For the full results dashboard, click here

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IndusInd Bank Ltd. is trading below it's 30 day SMA of 1592.44
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
HDFC Securities
Near term outlook: We expect the stock to remain range bound given the uncertainty surrounding the recognition of and provision for the IL&FS exposure. IIBs 3Q was characterized by robust business growth and healthy operating performance ( PPOP up 27/6% YoY/QoQ). NIMs were sequentially stable at ~3.8% (down ~16bps). Driven by treasury gains (2x QoQ), other income grew ~12%. CASA remained sequentially stable at ~44%, w/w SA dipped ~2% QoQ. Fees (% of loans) dipped by 10bps QoQ to 3%. While overall asset quality deteriorated sequentially, (GNPAs at 1.13%, ~Rs 19.7bn, +11% QoQ) the exposure to IL&FS; remained std (Rs 30bn). Even as IIB additionally provided ~Rs 2.55bn (total provisions ~Rs 6bn incl. floating provisions), it will have to incur further provisions of at least ~Rs 4bn toward the holdco exposure. Our constructive thesis on IIB remains unaltered as it continues to display strong growth and operating performance, which we expect will continue. While asset quality will be adversely impacted by its exposure to IL&FS;, in the near term; we expect IIB to be back on track to achieve RoAAs of 1.62% by FY21E post its acquisition of BAFIN. Maintain BUY with a TP of Rs 1,935 (3.5x Dec-20 ABV of Rs 553).
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IndusInd Bank Ltd.'s price crossed below SMA30 today
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
SMC online
The asset quality of the bank has remained nearly stable and healthy, while net interest margins (NIM) was also healthy at 3.83% in Q3FY2019. The non-interest income growth of the bank was strong driven by healthy growth for both core fee income as well as treasury income. Bank has recorded strong 35% growth in the loan book. Bank has strongly expanded network...
Number of FIIs/FPIs holding stock fell by 79 to 625 in Dec 2018 qtr.
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
Nirmal Bang Institutional
IndusInd Bank (IBL) reported its 3QFY19 results with the key takeaways being: (1) IBL took provision cover to IL&FS; parent exposure to ~30% and expects a cumulative provision requirement of 40-50% on this exposure to IL&FS; parent (2) NIM was largely flat, contracting 1 bp QoQ with management guiding for stable to improving margin (3) Corporate loan growth (ex MFI) at 34% YoY continued to outpace consumer finance growth at 28% YoY. (See detailed conference call takeaways from page 2) Per se, on the key P&L; items, IBL delivered NII, PPOP and PAT growth of 21%, 27% and 5% YoY to Rs22,881mn, Rs21,170mn and Rs9,850mn, respectively. We have retained Buy rating on IBL and revised our target price to Rs2,107 (from Rs2,139 earlier)....
Number of FIIs/FPIs holding stock fell by 79 to 625 in Dec 2018 qtr.
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
Reliance Securities
ff It made additional contingency provisioning to the tune of Rs2.6bn towards exposure to IL&FS; Holdco (exposure at Rs20bn), taking the total provisioning on this account to 30%. Further, haircuts could be ~40-50% on this exposure and the Bank will make additional...
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IndusInd Bank Ltd. has an average target of 1963.06 from 20 brokers.
IndusInd Bank Ltd.    
10 Jan 2019
1495.20
0.75%
IDBI Capital
Momentum in balance sheet growth has further picked up with loan growth of 35% driven by across segments. While NII growth of 21% is in line with our expectations, PAT growth of 5% is tad above our expectations. While ILFS exposure of Rs30bn is still standard, bank has made standard asset provision of Rs2.5bn during the quarter in addition to Rs2.8bn made during last quarter. We have cut our earnings by 5% for FY19, factoring in additional provision for ILFS in Q4. We retain our BUY rating with a TP of Rs1,935 (Rs1,980 earlier)...
IndusInd Bank Ltd. is trading below it's 30 day SMA of 1592.44
IndusInd Bank Ltd.    
09 Jan 2019
1495.20
0.75%
Prabhudas Lilladhar
IIB's earnings of Rs9.85bn (PLe: Rs9.96bn) was largely in-line with estimates but PPOP of Rs21.2bn (PLe: Rs20.8bn) beat estimates on strong treasury gains. It continued to make contingent provisions of Rs2.5bn (Rs2.75bn in Q2FY19) on IL&FS; exposure, taking total provisions to >Rs6.0bn (30% PCR). Management guided that there could be some acceleration in provisions ahead to get PCR to desired level of 40-50% as clarity on haircut & asset cover on holdco is emerging, while there could be classification towards NPA ahead as account is in SMA1&2. Operationally bank continues to cruise smoothly...
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IndusInd Bank Ltd.'s price crossed below SMA30 today
  • Geojit BNP Paribas increased Hold price target of IndusInd Bank Ltd. to 1693.0 on 11 Jan, 2019.
  • Stock Price (1511.85) crossed below 50 Day SMA (1561.6) on 11 January, 2019
  • Stock Price (1563.0) crossed below 30 Day SMA (1592.44) on 10 January, 2019
  • Month Change by 23.16% (Crossed threshold 20%) on 29 November, 2018
  • Week Change by -10.99% (Crossed threshold 10%) on 30 October, 2018
More triggered alerts
Ex-Date Dividend Amount Dividend Type Record Date
July 18, 20187.50FINAL-
July 18, 20176.00FINAL-
June 23, 20164.50FINAL-
Aug. 7, 20154.00FINAL-
June 16, 20143.50FINAL-
All dividends by INDUSINDBK