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IndusInd Bank s net loans grew 18 percent in the March quarter, outpacing a 14 percent growth in deposits. The bank also declared a dividend of Rs 16.50 per share ....
IndusInd Bank shares fell after March results with 15% YoY net profit rise. NII increased 13.9%. Provisions decreased. NIM at 4.26%. Deposits rose 14% YoY. ....
IndusInd Bank shares fell 2 percent in intra-day deals today, April 26, after some brokerages cut EPS (earnings per share) estimates for the private sector lender despite it posting a 15 percent jump in its March quarter (Q4FY24) net profit. ....
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. ....
IndusInd Bank: The private sector lender hit its 52-week high of ₹1,694.35 in the previous session, on January 15. With that, it has now rallied over 71 percent from its 52-week low of ₹990.25, hit on February 1, 2023. ....