Name: Latest research reports of IndusInd Bank Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: IndusInd Bank Ltd.
Rating: 3
Author: Sharekhan

IndusInd Bank Ltd.

NSE: INDUSINDBK | BSE: 532187 | ISIN: INE095A01012 | Industry: Banks
| Value Trap

665.7000 -16.30 (-2.39%)

NSE Apr 07, 2025 13:25 PM

57.77% Fall from 52W High

Volume: 6.6M

IndusInd Bank Ltd.

12 Mar 2025

665.70

-2.39%

Surprisingly adverse developments; Downgrade to HOLD

Hold: IndusInd Bank Ltd.

Recommendation Target

Sharekhan

IndusInd Bank reported discrepancies in its derivative portfolio pertaining to transactions done over the past 7-8 years. During the internal review of the trade book in derivative portfolio in October 2024, the bank found some discrepancies.

FII/FPI have decreased holdings from 34.11% to 24.74% in Dec 2024 qtr