Profit

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

NSE
257.05
Change Change %
4.75 1.88%

Updated:16 Jan, 2019, 15:49 PM IST

BSE
256.80
Change Change %
4.35 1.72%

Updated:16 Jan, 2019, 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
16-04-2018 Buy 317.40 445.00
N/A
Open Long (1Y)
16-04-2019

Reliance Securities Recommends 'Buy' On Indian Bank


According to Reliance Securities, Indian Bank remains the best-managed PSU bank from all major fronts. The bank appears to be approaching the end of recognition of stressed loan cycle, which  along with higher PCR clearly indicates a sharp moderation in credit cost from FY19 onwards, according to the brokerage. 

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