Pending — not yet graded
“Maintains an 'Add' rating on IndusInd Bank, increasing the share price target to ₹1,130 from ₹925, valuing the bank at 1.2x FY28E P/BV. The firm revised FY27-FY28 EPS estimates upwards by 6-26% and built in average RoA and RoE of 0.9% and 7.6% over FY27-FY28, noting that recovery is largely priced in after the stock's recent run.”
JM Financial Analysis’s track record: 4 graded calls · 95% CI 5–70%
IndusInd BankBullishCalled 23 Jul 2026
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