Sell IndusInd Bank, price target Rs 860: Manas Jaiswal
The analyst suggested a stoploss at Rs 920 .
By ETMarkets.com | Updated:
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Manas Jaiswal of manasjaiswal.com has a sell call on IndusInd Bank Ltd. with a target price of Rs 860.0 . The current price of IndusInd Bank Ltd. is Rs 888.0 . Manas Jaiswal recommended to keep a stoploss at Rs 920 .
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 62847.28 Crore).
IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 18256.68 Crore to Sales Value (82.01 % of Total Sales), Income From Investment which contributed Rs 3677.34 Crore to Sales Value (16.51 % of Total Sales) and Interest which contributed Rs 225.10 Crore to Sales Value (1.01 % of Total Sales)for the year ending 31-Mar-2019.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4578.43 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 2173.29 Crore (.00% of total assets).
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 62847.28 Crore).
IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 18256.68 Crore to Sales Value (82.01 % of Total Sales), Income From Investment which contributed Rs 3677.34 Crore to Sales Value (16.51 % of Total Sales) and Interest which contributed Rs 225.10 Crore to Sales Value (1.01 % of Total Sales)for the year ending 31-Mar-2019.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4578.43 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 2173.29 Crore (.00% of total assets).
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