Business Standard

Aanalysts' corner

Indusind Bank

Related News

INDUSIND BANK
Reco price/date: Rs 343.6/11th July; 
Current/target price: Rs 341/Rs 362.7
continued record an impressive performance in the quarter ended June, despite challenging times, reflecting the bank's strong and dynamic business model. Analysts estimate during FY12-FY14, the bank would report earnings per share (compound annual growth rate, or CAGR) of 32.9 per cent. The adjusted book value is estimated to grow 21 per cent CAGR during the same period. Analysts believe with the recent deregulation of the savings rate, the improving branch productivity and the bank's aggressive branch expansion plans, its liability profile is likely to turn stronger. Analysts have increased their earnings estimates by 3.8 per cent for FY13. Downgrade from 'Buy' to 'Accumulate' due to limited upside from current levels.

Aditya Birla Mone

Read more on:   
|
|

Read More

Stimulus hopes push Sensex to 17,000-mark

India’s key stock market indices gained the most in Asia on Monday, amid expectations that the Reserve Bank of India (RBI) could surprise markets ...

Quick Links

 

Market News

Fund managers to wait tilll next Budget for tax clarity

The proposal to treat their business income as capital gains was part of capital market reforms in this budget but I-T Dept will take longer

Less than 25% of shareholders participate in delistings: Experts

They say 25% rule could prove major hurdle for exiting companies

Equity MFs turn net sellers; shares worth Rs 675 crore sold

Investment managers say it's nothing but a tactical sell call

SpiceJet stock up 15% on stake sale reports

The airline is restructuring its operations and has cut down its fleet size by ten planes to contain losses

Operating capacity of stainless steel mills slumps 55% on huge Chinese imports

The capacity stood at 70% over a year ago, industry seeks anti dumping duty on China

Back to Top