IndusInd Bank Ltd.    
14 Oct 2020
585.70
-0.51%
buy
Karvy
Valuation and Risks: Despite concerns over near-term asset quality risks and impact of high credit costs on earnings, we believe all negatives and concerns are adequately priced incurrently as the stock is trading at historically low valuations.
IndusInd Bank Ltd. has an average target of 917.88 from 19 brokers.
IndusInd Bank Ltd.    
29 Sep 2020
585.70
-0.51%
Karvy upgraded IndusInd Bank Ltd. to Buy with a price target of 706.0 on 14 Oct, 2020.
IndusInd Bank Ltd.    
07 Sep 2020
585.70
-0.51%
LKP Securities
is better placed to combat COVID and build a granular portfolio with sustainable growth. Additionally capital raise (32.9bn in 1QFY21 & 25bn in 2QFY21) will further boost the balance sheet. The pointers which acknowledge our conviction being: 1) Contingent provisioning (COVID + standard + floating & others) stood 1.2% of net advances and total provisioning (including cumulative) is at 2.5% of book, 2) Moratorium at 16% of the book is likely to reduce further, 3)...
IndusInd Bank Ltd. has an average target of 917.88 from 19 brokers.
IndusInd Bank Ltd.    
19 Aug 2020
585.70
-0.51%
Axis Direct
We recommend a BUY on Indusind Bank with a Target Price of Rs 585, an upside of 12% from CMP of Rs 521 and Stop Loss Rs 490.
IndusInd Bank Ltd. is trading below it's 30 day SMA of 589.8
IndusInd Bank Ltd.    
03 Aug 2020
585.70
-0.51%
buy
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IndusInd Bank Ltd. is trading below it's 30 day SMA of 589.8
IndusInd Bank Ltd.    
29 Jul 2020
585.70
-0.51%
ICICI Securities Limited
The bank said 16% of the book (including MFI) was under moratorium as on June 2020 as compared to low single digits of morat book during March 2020. In addition, the bank said 90% of Moratorium 2.0 is derived from Moratorium 1.0 with 90% of the Morat 2.0 book being secured. In terms of morat breakup, 19% of retail book (~| 22200 crore) and 9% of corporate...
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Karvy upgraded IndusInd Bank Ltd. to Buy with a price target of 706.0 on 14 Oct, 2020.
IndusInd Bank Ltd.    
29 Jul 2020
585.70
-0.51%
Nirmal Bang Institutional
Cautious on lending, focusing on balance sheet granularity IndusInd Bank (IIB) reported operating profit growth of 13% YoY and 2.5% QoQ on the back of 16.4% YoY and 2.5% QoQ growth in NII and decline in opex (down 1% YoY, 11.4% QoQ) even as the loan book contracted by 4.2% QoQ. On YoY basis, the loan book grew by 2.4%. The strong NII growth came on the back of a healthy NIM of 4.28%, which expanded by 23bps YoY and 3bps. This is despite the fact that the balance sheet liquidity increased significantly. Deposit inflows were good as indicated by 5.3% QoQ growth, though the focus remained on accreting granular retail deposits by offering a higher rate. Going forward, the strategy is to improve balance sheet...
IndusInd Bank Ltd. is trading above it's 150 day SMA of 506.9
IndusInd Bank Ltd.    
29 Jul 2020
585.70
-0.51%
Prabhudas Lilladhar
IIB's PAT of Rs4.6bn (PLe: Rs4.8bn) was marginally below estimates on higher than expected provisions mainly towards COVID related and enhancing PCR to 66%. As first time disclosures +50% of loan book was under moratorium 1.0 with retail being high at 75% which has come down to 16% in the extended moratorium upto Jun'20 and 19% in retail, while corporate book was at 9%. Bank has guided from their second stress test it is likely to see additionally 90bps higher than stress test 1.0 and 60bps credit cost incrementally. Overall collection in MFI has reached to 86% and other...
IndusInd Bank Ltd. is trading above it's 150 day SMA of 506.9
IndusInd Bank Ltd.    
28 Jul 2020
585.70
-0.51%
BOB Capital Markets Ltd.
IndusInd Bank's (IIB) Q1FY21 PAT of Rs 5.1bn beat our estimate of Rs 3.8bn on better NII growth, stable NIMs and higher treasury gains.
IndusInd Bank Ltd. is trading above it's 150 day SMA of 506.9
IndusInd Bank Ltd.    
28 Jul 2020
585.70
-0.51%
Motilal Oswal
28 July 2020 IndusInd Bank (IIB) reported a stable quarter as lower fee income and higher provisions (credit cost of 4.5% annualized) impacted earnings. On the other hand, lower opex and modest improvement in margins were a surprise. PCR improved to 66.6%, while the bank increased the COVID-19 provisioning buffer to INR12b. Loan growth remains under pressure, while deposit growth is showing signs of stabilizing. The moratorium book has also declined to ~16% at Jun20-end from ~50% as of Apr20-end; the bank suggested GNPA / credit cost impact of 92b/65bp due to COVID-19. We largely maintain our estimates as softness in other income is compensated by lower opex and provisions. Maintain IIB reported PAT of INR5.1b (-64% YoY/+62% QoQ), affected by lower fee income and higher provisions of INR22.64b (credit cost stood at 4.5% annualized). The increase in provisions was on account of the bank creating INR9.2b COVID-19 provisions. NII grew 16% YoY to INR33.
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IndusInd Bank Ltd. has lost -54.85% in the last 1 Year