Can IndusInd Bank shares rally to Rs 900? CLSA says YES Bank, RBL Bank lessons point the way!

  • Posted on March 13, 2025
  • By Business News Today
  • 6 Views
Can IndusInd Bank shares rally to Rs 900? CLSA says YES Bank, RBL Bank lessons point the way!

IndusInd Bank shares have plunged 30% in a week, driven by the MDs shorter-than-usual extension and a Rs 1,577 crore net worth hit due to an accounting gap. Investor sentiment has turned negative, but CLSA remains bullish, maintaining an 'Outperform' rating with a Rs 900 target price, implying a 31% upside from Wednesdays close.
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