Jan 01, 2013, 11.53 AM | Source: Moneycontrol.com
Motilal Oswal is bullish on IndusInd Bank and has recommended buy rating on the stock with a target of Rs 500 in its December 28, 2012 research report.
Motilal Oswal (more)
“We upgrade IIB's FY14 EPS by 8% to factor in higher margins. Our comfort with IIB is based on: (1) Strong capitalization (15%+ Tier I post 10% equity dilution), (2) Healthy business growth (25%+), (3) Margin expansion, and (4) Healthy asset quality outlook. Maintain Buy with a revised target price of INR500 (3x FY14BVE), 20% upside,” says Motilal Oswal research report.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
To read the full report click here
Lohia Auto Industries today announced IndusInd Ban
Ashwani Gujral of ashwanigujral.com recommends buy
IndusInd Bank has recently signed a corporate agen
Ashwani Gujral of ashwanigujral.com is of the view
The company has signed a memorandum of understandi
Honda Motorcycle & Scooter India signed a memorand
Sushil Finance is bullish on Pratibha Industries a
KRChoksey is bullish on Suzlon Energy and has reco