Profit

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

NSE
1501.20
Change Change %
-10.95 -0.72%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
1499.00
Change Change %
-14.80 -0.98%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
HDFC Securities
N/A
12-07-2017 Buy 1573.65 1663.00
N/A
Target Hit Long (1Y)
12-07-2018

HDFC Securities maintains buy on IndusInd Bank

HDFC Securities has maintained buy on IndusInd Bank for target price of Rs 1,663. It says IndusInd Bank (IIB), yet again, delivered a top quartile performance across parameters. CASA jumped 250bps QoQ (37.8%) led by strong SA growth (17%), balanced loan growth (24% YoY), superior NIM (4%), healthy fee traction (25%  YoY) and PCR  improvement  (60%, 165bps QoQ).

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