IndusInd Bank share price

IndusInd Bank share price: The IndusInd Bank stock is in focus on Thursday, a day after the private sector lender reported a robust set of financial results ...

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IndusInd Bank Q3: Net interest income grew by 18.5% YoY to Rs 4495.3 crore for the quarter.

Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Research house has maintained ‘Buy’ rating on the stock with a target at Rs 1,430 per share. Brokerage firm maintain its 'Buy' rating on the stock with a revised Price Target of Rs 1,500 Research firm has maintained ‘Outperform’ rating on the stock with a target at Rs 1,430 per share. Research house has kept ‘Overweight’ rating on the stock and raised the target price to Rs 1,525 per share. Brokerage house has kept ‘Buy’ rating with a target at Rs 1,500 per share as the Q3 was largely in-line on core PPoP & PAT.

Private lender IndusInd Bank Ltd. saw its consolidated net profit rise 58% year-on-year in the quarter ended December, on account of higher core income and ...

The bank's consolidated net interest margin for the quarter rose 16 basis points year-on-year and stood at 4.27%. Of IndusInd Bank's fresh additions to non-performing assets worth Rs 1,467 crore, 91% came in from the consumer segment. The bank's consolidated advances also jumped 19% year-on-year to Rs 2.72 lakh crore. While IndusInd Bank maintains partnerships with multiple lending-focused fintechs, its experience in the SME-focused segment hasn't been as expected, Kathpalia said on the call. Gross non-performing asset ratio for the bank, on a consolidated basis, fell by 5 basis points sequentially to 2.06%. Other income, too, rose 11% year-on-year to Rs 1,877 crore.

IndusInd Bank: The private lender's standalone net profit surged 68.71% to Rs 1959.20 crore on 19.96% rise in total income to Rs 11533.74 crore in Q3 FY23 ...

Vedanta: Vedanta has been declared successful bidder post submission of bid for Meenakshi Energy Limited under Corporate Insolvency Resolution Process (CIRP) under IBC. Aurobindo Pharma: The United States Food and Drug Administration (US FDA) inspected the company's wholly owned subsidiary, APL Health Care Limited's Unit I & III, facility located at Jadcherla, Telangana, from 9 January to 18 January 2023. The proceeds of bonds will be utilized in enhancing long term resources for funding infrastructure and affordable housing segment. IndusInd Bank's consolidated net profit stood at Rs 1,963.64 crore in quarter ended 31 December 2022 as compared to Rs 1,241.55 core posted in Q3 FY22, registering a growth of 58.16%. The tenor of these bonds is 15 years. Adani Enterprises: The board of directors of the company approved the floor price of the offer to be Rs 3,112 per FPO equity share and the cap price of the offer to be Rs 3,276 per FPO equity share for all categories of investors.

Stable margins and lower credit costs helped IndusInd Bank Ltd. report a 58% year-on-year jump in consolidated net profit during the September-December ...

IndusInd Bank's consolidated advances jumped 19% year-on-year to Rs 2.72 lakh crore. The management sees a loan growth rate of 20–25%, according to its Q3 earnings conference call on Jan. The lender's standalone net profit rose 69% year-on-year to Rs 1,959 crore in the third quarter of fiscal 2023. The bank's CASA deposits grew 14% year-on-year to Rs 1.36 lakh core. Analysts polled by Bloomberg estimated a net profit of Rs 1,885 crore for the quarter ended Dec. IndusInd Bank's consolidated net profit for the October-December quarter stood at Rs 1,963 crore.

IndusInd bank reported 68.7 percent rise in net profit at Rs 1959.2 crore for the October-December quarter and the net interest income (NII) surged by 18.5 ...

BUY from Hold The brokerage added that the pockets of weakness in consumer banking remain concerning. We have cut FY23-25 EPS est by 2-3 percent on the back of higher opex. 1500 from 1250 Brokerages welcomed the results and gave 'buy' to 'overweight' rating. Private sector lender IndusInd Bank's profit was tad ahead of estimates, driven by improvements in asset quality and core income.

By Malvika Gurung. Investing.com -- The private sector lender IndusInd Bank (NS: INBK ) posted a higher-than-estimated rise in its net profit for the ...

Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. It stated that the bank’s retail deposit growth was healthy and better than select peers. Its gross NPA reduced significantly to 2.06% from 2.48% in the year-ago period. [JEF ](/equities/leucadia-natl)) has retained its Buy rating on the bank and a target price of Rs 1,600/share as it sees healthy NII growth and a slight rise in NIM in Q3.

I prefer to go with the commodity consumers, metal consumers, could be automobiles, appliances, engineering construction. I think we should be in a ...

Certainly the merger is going to be positive for the companies and the minority shareholders but this trend is coming in where there is less and less footfalls to multiplexes and people are more comfortable watching a lot of content on the OTT platforms. They are not taking a lot of debt, their focus is on sales and more and more bookings and on trying to improve the return ratios. So I think that there is a slow transformation happening as far as movies is concerned and more and more the content and quality and viewership is shifting towards the OTT. Entire indirect taxation has gone to GST and the real interest in the Budget from investor and an actual consumer point of view or assessee point of view is the kind of relaxation which one could expect on the direct taxation side. Typically real estate cycles are very long of around 8 to 10 years and this cycle has just about begun around the time the pandemic got over and we are seeing a lot of consolidation which has taken place. I do not want to comment on whether it is worth subscribing or not because the Street view is that Adani Group stocks are expensive and they are expensive because of low floating stock. But broadly I think it is a mature type of a company, it has been an incubator for many of its subsidiary businesses or sister concerns and I would have more preference for some of the other businesses like say the green energy business for that matter. But by and large I think a lot of sectors are not impacted by the Budget. They have not been great value creators also in the past and typically when the world is slowing down and there is lot of focus on inflation, obviously commodity prices will get impacted and I am pretty much negative on the entire sector. I think that looks more interesting and even the gas business looks more interesting. They have not been great value creators also in the past and typically when the world is slowing down and there is lot of focus on [inflation](/definition/inflation), obviously commodity prices will get impacted and I am pretty much negative on the entire sector," says [Dipan Mehta](/topic/dipan-mehta), Director, Elixir Equities. Unfortunately, even good numbers are being sold into and that is a bit disappointing and clearly points out to certain technical or liquidity issues with the

IndusInd Bank's stock slipped 2% on BSE after the company released its December quarter scorecard. Most brokerage firms have a positive view on the stock ...

The brokerage firm expects the bank's RoE to improve to 16 percent, reported CNBC-TV18. We value the bank at 1.6 times FY25E BVPS to arrive at a target price of ₹1,470. IndusInd Bank trades at undemanding valuations of 1.3 times FY25E BVPS and we expect the stock to rerate upwards aided by steady delivery on growth and return metrics. Healthy provisioning in the MFI portfolio and contingent provisioning buffer of 0.8 percent of loans will enable a steep decline in credit cost, thus driving recovery in earnings. The stock has witnessed a healthy gain in the last one year. We estimate PAT to report 37 percent CAGR over FY22-25, leading to an 18 percent RoE in FY24," said the brokerage firm.

IndusInd Bank Q3: Net interest income grew by 18.5% YoY to Rs 4495.3 crore for the quarter.

Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Research house has maintained ‘Buy’ rating on the stock with a target at Rs 1,430 per share. Brokerage firm maintain its 'Buy' rating on the stock with a revised Price Target of Rs 1,500 Research firm has maintained ‘Outperform’ rating on the stock with a target at Rs 1,430 per share. Research house has kept ‘Overweight’ rating on the stock and raised the target price to Rs 1,525 per share. Brokerage house has kept ‘Buy’ rating with a target at Rs 1,500 per share as the Q3 was largely in-line on core PPoP & PAT.