IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Value Trap
675.9000 -6.10 (-0.89%)
NSE Apr 07, 2025 15:31 PM
Volume: 9.4M
 

675.90
-0.89%
Sharekhan
We reiterate a Buy on IndusInd Bank (IIB) with an unchanged PT of Rs. 1,750. Near-term business
outlook remains comfortable except for the elevated slippages in the credit card and microfinance
portfolios that would normalise by FY25.
Promoters pledged 5.38% of shares in last quarter. Total pledge stands at 50.86% of promoter holdings
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