BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on IndusInd Bank
Edelweiss says return on assets likely to increase for the bank and improving CASA, higher fees are key triggers for future growth. Superior return ratio likely to continue and expect re-rating even from current valuation of 2.8x P/BV, added the brokerage.