Profit

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

NSE
1674.20
Change Change %
-88.25 -5.01%

Updated:24 Sep, 2018, 15:58 PM IST

BSE
1674.65
Change Change %
-87.05 -4.94%

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
Jefferies
N/A
22-06-2016 Buy 1093.80 1150.00
N/A
Target Hit Long (1Y)
22-06-2017

Jefferies downgrades IndusInd Bank to hold

Jefferies has downgrades IndusInd Bank to hold from buy earlier. Current valuation of 3.2 times forward book value, fully prices potential upside. Net interest margin is at life high, see downside from here. Earnings growth is likely to continue at 24 per cent CAGR for FY16-19.

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