IndusInd Bank Q2 Results: The reported profit missed Street estimates of Rs 2,138 crore. It was Rs 2,181. ...More

IndusInd Bank Q2 Results: The reported profit missed Street estimates of Rs 2,138 crore. It was Rs 2,181.47 crore in Q2 FY24. The net interest margin fell to 4.08%, down 21 bps YoY from 4.29% and 18 bps QoQ. Deposits grew 15% YoY, surpassing Rs 4 lakh crore mark, to Rs 4,12,317 crore from Rs 3,59,548 crore. ...Less

IndusInd Bank's Q2 results are predicted to show a 3% YoY decline in PAT, primarily due to slow loan grow ...More

IndusInd Bank's Q2 results are predicted to show a 3% YoY decline in PAT, primarily due to slow loan growth. While net interest income is expected to rise by 7% YoY, analysts highlight concerns over increased provisions and moderate margins. Loan and deposit growth slowed QoQ. ...Less

Among the ones who came out with their post-earnings review of the stocks were BofA, Kotak Institutional ...More

Among the ones who came out with their post-earnings review of the stocks were BofA, Kotak Institutional Equities and Nuvama and all of them have a buy view on the counter. Meanwhile, Motilal Oswal chose to take a neutral stance on the counter. ...Less

The brokerage firm LKP Securities has a buy call on IndusInd Bank with a target price of Rs 1474, implyin ...More

The brokerage firm LKP Securities has a buy call on IndusInd Bank with a target price of Rs 1474, implying an upside of 26% from the current market price. The time period given by the analyst is one year when IndusInd Bank's price can reach the defined target price. ...Less