Profit

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

NSE
1696.75
Change Change %
22.55 1.35%

Updated:25 Sep, 2018, 15:47 PM IST

BSE
1693.10
Change Change %
18.45 1.10%

Updated:25 Sep, 2018, 15:43 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
12-09-2014 Buy 630.00 732.00
N/A
Target Hit Long (1Y)
12-09-2015

Credit Suisse maintains outperform on IndusInd Bank

IndusInd Bank is a key beneficiary of the commercial vehicles cycle recovery. Medium and heavy commercial vehicles saw positive growth in August. Clarity on CEO tenure removes the overhang. Overhang of likely management change behind. Expect IndusInd to maintain strong 25 per cent plus earnings momentum.

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