[ad_1] Shares of Mumbai-based private lender IndusInd Bank Ltd. will be in focus on Friday, April 4, after global brokerage firm UBS maintained a ‘Sell’ rating on the bank stock. The brokerage has also cut its price target on the stock by 22% to ₹600 from ₹770 earlier. The revised price target implies a potential […]
IndusInd Bank shares get another 30% price target cut; CLSA warns of this key trigger – CNBC TV18
[ad_1] Global brokerage firm CLSA has an ‘Outperform’ rating on IndusInd Bank but has lowered its price target from ₹1,300 to ₹900 per share. The revised price target suggests a potential upside of 31% from current levels. The foreign brokerage wrote in its note that the past few days have been turbulent for the bank, […]
IndusInd Bank shares get another downgrade, but Goldman advises buying these banking stocks – CNBC TV18
[ad_1] Global brokerage firm Goldman Sachs has revised its outlook on banks from a ‘Goldilocks period’ to a ‘muddle-through scenario,’ expecting further earnings-per-share cuts. Company Value Change %Change The foreign brokerage advises a selective approach, downgrading IndusInd Bank to ‘Neutral’ and reducing its target price to ₹1,090. The target suggest a potential upside of 11% […]
IndusInd Bank shares may see MSCI inflows worth $290 million in February 2025, says Nuvama – CNBC TV18
[ad_1] Shares of IndusInd Bank Ltd., which has been testing investor patience in 2024 so far, may attract $290 million inflows as global index services provider MSCI may increase its weightage. The Mumbai-headquartered private sector lender’s September quarter shareholding pattern shows a substantial reduction in foreign institutional investors (FIIs) stake. FII holding has decreased to […]