BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on IndusInd Bank
CLSA increased target price on IndusInd Bank to Rs 1,330 against Rs 1,130 earlier. CASA deposits growing well but deposit concentration is still high. IndusInd Bank is focusing on new segment for growth. ESOPs will be a drag on the market. Asset quality is strong for IndusInd Bank.