Pending — not yet graded
Maintained its 'sell' rating on IndusInd Bank, originally downgraded in May last year, while raising its price target to ₹990 from ₹800. The brokerage revised its FY27-28 earnings estimates higher by 11% and 5% respectively, noting that the projected path to 1% RoA by FY27-end is 60% PPoP-driven and 40% credit cost-driven.
IndusInd BankBearishCalled 23 Jul 2026
Verdict:PENDING

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