English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksIndusInd Bank Q1 FY24: Can the stock rerate further?

    IndusInd Bank Q1 FY24: Can the stock rerate further?

    The bank is adequately capitalised and has multiple levers to improve lending yield without compromising on asset quality

    Madhuchanda Dey
    July 20, 2023 / 16:45 IST
    IndusInd Bank Ltd. | CMP Rs | Shares of IndusInd Bank rallied 4 percent on July 19, buoyed by the lender's healthy earnings for the April-June quarter. Most brokerages too cheered for its robust financials that helped boost the investor sentiment. Foreign brokerage firm Morgan Stanley revised the price target for the stock to Rs 1,800 and retained its 'overweight' rating for IndusInd Bank with expectations that the rate cycle has peaked.
    • PRO Panorama

      Moneycontrol Pro Panorama | Will the festive season sparkle continue?

      Oct 16, 2025 / 02:37 PM IST

      For Moneycontrol's Pro Panorama October 16 edition: MPC minutes show a policy pause, Google puts India on its AI map, India’s ho...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender | India Earnings Season: Why Q2 doesn't matter, and the rusty nail of US tariffs

      Oct 11, 2025 / 10:00 AM IST

      The September quarter results may be largely irrelevant--sandwiched between export front-loading before Trump's tariff deadline an...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts

    Disclosure & Disclaimer

    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More