Prabhudas Lilladher has buy call on IndusInd Bank with a target price of Rs 1300. The current market price of is Rs 1189.95. Time period given by analyst is one year when . price can reach defined target.
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 93082.08 Crore).
IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 10113.29 Crore, up 3.57 % from last quarter Total Income of Rs 9764.91 Crore and up 8.02 % from last year same quarter Total Income of Rs 9362.76 Crore. The bank reported net profit after tax of Rs 1631.14 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 16.51 per cent stake in the company as of 30-Jun-2022, while FIIs owned 45.83 per cent, DIIs 21.02 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
