IndusInd Bank share news and analysis

IndusInd Bank share news and analysis

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Investors expectations with IndusInd Bank share

can it be a Multibagger and give twice return now?


checkout analysis on ICICI Bank

IndusInd Bank stock Latest Trading Price


IndusInd Bank news and updates

  • Stock rallied over 57% in about 2-3 weeks, just because of news.
  • Promotes ie. Hindujas can raise the stake in private lender.
  • but according to current guideline on 15% can be held after 15 years of operations.
  • Hindujas are optimistic on increasing share holding because Uday Kotak holds 26% of Kotak Mahindra bank, and has done some settlement with RBI.


IndusInd Bank Financials

QuarterlyMAR 2020MAR 2019
Interest Earned7,386.575,991.44
Net Profit315.18359.48
Provisions & Contigencies2,440.321,560.69
NPA
Gross NPA5,146.743,947.41
Gross NPA (%)2.452.10
Net NPA1,886.582,248.28
Net NPA (%)0.911.21

Income Stream

  • Interest and Retail Banking – 82%
  • Investments – 16.5%
  • Other – 1%


IndusInd Bank, why fall 65% in year

StandaloneMarch 2020
Promoters14.34
Pledged26.33

  • Coronavirus/COVID-19.
  • Stock Pledged.
  • Retail banking interest of low cost deposits. CASA % decline, as deposits fall 7%.
  • Asset quality is degrading, loans are not getting recover.
  • Yes Bank issues.


IndusInd Bank, why stock grow 57%

  • Promoters took interest in buying more stake.
  • Stock valuation got low, and price become attractive.


IndusInd Bank down side

  • RBI might allow Promoters to raise stake. As this is different case than Kotak Mahindra.


IndusInd Bank good side

Promoter willing to buy stake, means that promoters also consider valuation as under value.

Market Cap (Rs Cr.) 33,960.16

P/E 7.7

EPS (TTM) 63.70

Price/Book 1.28

Valuation is good, and holds buying opportunity.

According to market analyst price can go to Rs 610. As company can grow 8% in FY 21.



Disclaimer: These is only for educational purpose don’t use this information for investment, contact your financial advisor and make your own assessment before making any investment.


IndusInd Bank share news and analysis

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