Profit

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

NSE
232.55
Change Change %
-3.95 -1.67%

Updated:16 Jul, 2019, 15:04 PM IST

BSE
232.20
Change Change %
-4.35 -1.84%

Updated:16 Jul, 2019, 15:14 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
Closed 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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