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

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