BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Morgan Stanley maintains overweight on IndusInd Bank
Morgan Stanley has maintained its "overweight" rating on IndusInd Bank for a target price of Rs 1,525. The Bank has multiple drivers to sustain strong earnings. Accelerating net income growth is positive for the company. Falling rates is one of the key positives for the company. IndusInd Bank is a preferred pick given its strong balance sheet.