Question: Is It Good To Invest In IndusInd Bank Share?

Is it worth to buy IndusInd Bank share?

Management believes legacy corporate stressed exposures (pre-covid) have largely been dealt with and provided for, and incremental corporate exposures are of good quality.

Jefferies maintains Buy rating on IndusInd Bank, raising their target price to Rs 1030 from Rs 800 earlier..

What’s wrong with IndusInd Bank?

The share price of Indusind Bank crashed by 87 per cent touch a low of Rs235 on March 24 from a 52-week high of Rs1,822 in April 2019. … As on date the market-cap of Indusind Bank stood at over Rs28,000 crore even though it had a pre tax revenue of more than Rs 22,000 crore.

Who is owner of IndusInd Bank?

Hinduja GroupIndusInd Bank/Owners

Which is the cheapest share to buy?

10 Best Stocks to Buy at Below Rs. 20South Indian Bank Ltd. This is a major private sector bank headquartered at Thrissur, Kerala. … Sanwaria Consumer Ltd. … Vodafone Idea Ltd. … GMR Infrastructure Ltd. … Bank of Maharashtra. … GVK Power & Infrastructure Ltd. … Zee Media Corporation Ltd.

Why is IndusInd Bank rising?

Share price of IndusInd Bank gained over 9% in trade today after the private sector lender said it witnessed a three-fold rise in digital account openings from pre-COVID-19 levels and plans more investments in the digital channel.

Which share is best to buy tomorrow?

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Is IndusInd Bank safe for FD?

IndusInd Bank fixed deposit is a reliable, secure and beneficial investment option that offers various benefits such as guaranteed returns, Government insurance, loan borrowing facility and flexible fixed deposit tenure.

Is it safe to invest in IndusInd Bank?

All the banks in India are robustly monitored by RBI according to the Basel norms. All banks are presently in good health. You can invest in IndusInd Bank if you want to. In my opinion SBI’s,PNB’s OR BOB’s such branches which provides good customer services may be better and safe for investment.

Why are shares of IndusInd Bank falling?

On the day Romesh Sobti’s term as IndusInd Bank’s Managing Director and Chief Executive Officer ended after 12 years of service, the bank’s shares tanked 30 percent. It wasn’t only due to the panic triggered by the coronavirus outbreak. The bank’s stock has been falling for a while.

Which share is best to buy now?

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Will IndusInd bank survive?

“IndusInd Bank’s non-performing loan risks have risen in the past six months,” UBS Group AG analysts led by Vishal Goyal wrote in a recent note. They said about 30 per cent of IndusInd’s loan book is facing headwinds and also 4 per cent of total exposure could turn sour in the next 15 months.