Pending — not yet graded
“Downgraded IndusInd Bank to 'underperform' from 'hold', despite raising its price target to ₹925 from ₹850. The downgrade is based on the recent 17% gain in the stock being 'unwarranted' and sequential loan growth being driven solely by corporate loans. The bank's management guides for industry-level loan growth in FY27 with an exit RoA of 1%.”
IndusInd BankBearishCalled 23 Jul 2026
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