IndusInd Bank share target price Rs 600 or Rs 1,210? Brokerages clash as fraud, losses trigger confusion

  • Posted on May 22, 2025
  • By Business News Today
  • 1 Views
IndusInd Bank share target price Rs 600 or Rs 1,210? Brokerages clash as fraud, losses trigger confusion

IndusInd Bank shares: UBS delivered the most critical assessment yet, assigning a 'Sell' rating with a target price of Rs 600—below the stock's 52-week low of Rs 605.40. The brokerage cited growing uncertainty and cautioned that, given the stocks already high valuation, it may be headed for a potential re-rating.
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