Aanalysts' corner

Indusind Bank

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

image
Business Standard
177 22
Business Standard

Aanalysts' corner

Indusind Bank

SI Team  |  Mumbai 



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

RECOMMENDED FOR YOU

Aanalysts' corner

Indusind Bank

IndusInd Bank 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.

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

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

More News

  • Nifty holds 8,550 amid choppy trades; Tata Motors rises 4% Markets edge higher; Nifty reclaims 8,600
  • V-Guard Industries hit record high ahead of stock split V-Guard Industries hits record high ahead of stock split

STOCK WATCH

Company Price() Chg(%)
Delta Corp 157.10 8.20
S H Kelkar & Co. 324.20 7.76
Balkrishna Inds 833.50 6.67
Titagarh Wagons 119.05 6.58
Central Bank 106.90 6.47
> More on BSE Gainers
Company Price() Chg(%)
Delta Corp 157.45 8.14
S H Kelkar & Co. 325.60 8.14
Central Bank 107.70 6.85
AIA Engg. 1251.35 6.34
JK Tyre & Indust 130.40 6.32
> More on NSE Gainers
Company Price() Chg(%)
Hexaware Tech. 197.85 -5.04
GVK Power Infra. 6.26 -4.43
8K Miles 1945.90 -3.55
Gati 143.25 -3.41
GRUH Finance 333.60 -3.36
> More on BSE Gainers
Company Price() Chg(%)
Parsvnath Devl. 16.25 -9.47
Future Lifestyle 127.50 -7.37
Ratnamani Metals 557.70 -6.01
Hexaware Tech. 197.80 -5.02
GVK Power Infra. 6.25 -4.58
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard