IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Risky Value
858.8500 6.00 (0.70%)
NSE Jul 11, 2025 15:31 PM
Volume: 3.8M
 

logo
IndusInd Bank Ltd.
10 Jan 2019
858.85
0.70%
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 its 150 day SMA of 875.8
More from IndusInd Bank Ltd.
Recommended