IndusInd Bank shares in focus after Q2 profit slumps 39% YoY. Should you buy, sell or hold?
- Posted on October 25, 2024
- By Business News Today
- 2 Views
IndusInd Bank shares in focus after Q2 profit slumps 39% YoY. Should you buy, sell or hold?
Jefferies, Nomura, Investec, Nuvama, and IIFL have downgraded their ratings on IndusInd Bank due to weaker asset quality, lower Net Interest Margins, and softer loan growth. Target prices have been reduced significantly, reflecting concerns over profitability and growth prospects.
