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IndusInd Bank's stock rally has more legs; up to 35% upside likely: Experts

IndusInd Bank has addressed key issues that were an overhang on the counter at the bourses - the biggest being the reappointment of its managing director and chief executive officer

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IndusInd Bank | Markets | bank stocks

Nikita Vashisht  |  New Delhi 

IndusInd Bank
Analysts say IndusInd Bank is well positioned to benefit from the upcycle in MFI and CV loan segments

of have seen a turnaround performance thus far in calendar year 2022 (CY22) with the counter rising 38 per cent so far this calendar year (CY22), as against a 0.76-per cent dip in CY21. With this, it has outperformed the Nifty50, and indices by a wide margin that have gained 2 per cent, and 16 per cent, respectively, during this period.

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First Published: Wed, September 21 2022. 13:00 IST
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