Jan 11, 2017, 04.04 PM | Source: Moneycontrol.com
Nomura maintains buy rating on IndusInd Bank with target unchanged at Rs 1400 per share. It expects the company to deliver over 25 percent CAGR earnings over FY16-19.
IDFC has an outperform call on the stock with target increased to Rs 1415 per share. It feels the company deserves to trade at a higher premium to the sector.
Goldman Sachs has a neutral call given balanced risk-reward at current valuations of 19.4x FY18 PE. It has revised FY17-19 EPS by lesser than 1 percent to over 2.6 percent on Q3 trends. It has raised target by 2 percent to Rs 1164 per share.
Macquarie maintains outperform call with target unchanged at Rs 1290 per share.
CLSA retains buy call with raised target price to Rs 1450 from Rs 1400 per share raising earnings estimates by 2-3 percent post strong performance in Q3.
CLSA has a buy call on the stock with a target of Rs 398 per share on company favourably placed for data revenue ramp-up and sector consolidation. The company has blunted Rel Jio’s free offers & competition may ease in FY18.
CLSA reiterates buy rating on the stock with target price at Rs 405 per share. It has outperformed its peers notably in H2CY16 expecting it to register another stellar 65 percent growth in profit in FY17.
Rahul Shah of Motilal Oswal recommends buying Indu
Although he adds that investors have beem closely
Sandeep Wagle, Founder & CEO at powermywealth.com
Mid-sized private sector lender Indusind Bank is k
Mitessh Thakkar of miteshthacker.com suggests buyi