Chief executive Sumant Kathpalia said the bank expects loan growth to clock between 18% and 22% during the current and the next fiscals led by retail and consumer loans.
Top brokerages remain optimistic about the prospects of IndusInd Bank. While Macquarie has retained an Outperform view, domestic brokerages Motilal Oswal and Nuvama have reiterated their buy stance.
Analysts remain bullish on the counter, saying steady margins, improving retail deposit mix and strong loan growth were some of the key positives from Q3 results
Jindal Stainless Q3: Prabhudas Lilladher (PL) expects to report a profit of Rs 700 crore, up 40.7 per cent over about Rs 500 crore in te same quarter last year. It sees sales rising 8.7 per cent to Rs 9,850 crore for the quarter.