Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
256.20
Change Change %
-16.50 -6.05%

Updated:24 Sep, 2018, 15:56 PM IST

BSE
256.50
Change Change %
-16.25 -5.96%

Updated:24 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Reliance Securities
N/A
03-04-2018 Buy 306.90 445.00
N/A
Open Long (1Y)
03-04-2019

Reliance Securities Recommends ‘Buy’ On Indian Bank



According to Reliance Securities, Indian Bank continues to remain the best-managed public sector bank from all major fronts. Analysis of its stressed assets clearly suggests that it is approaching the end of recognition of stressed loan cycle, which along with higher PCR (provision coverage ratio) clearly indicates a sharp moderation in credit cost from FY19 onwards, the brokerage adds. 

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