IndusInd Bank Ltd

(INDUSINDBK)

IndusInd Bank Faces Share Price Decline - 19 Nov, 2024

IndusInd Bank's share price fell 21.2% following disappointing Q2 FY24 results, with a 39% YoY decline in net profit and rising provisions raising investor concerns.

IndusInd Bank Hits 52-Week Low Amid Poor Results - 18 Nov, 2024

IndusInd Bank's shares reached a 52-week low following a 39% decline in net profit for the September quarter. The bank also signed an MoU to support farmers.

IndusInd Bank Shares Decline Amid Market Volatility - 15 Nov, 2024

IndusInd Bank shares fell by 3.76% this week, closing at ₹1,017.15. The stock faced consistent downward pressure, reflecting mixed investor sentiment and market volatility.

IndusInd Bank Reports Significant Profit Decline - 11 Nov, 2024

IndusInd Bank experienced a 40% drop in net profits in Q2, attributed to a substantial increase in provisions, which rose 87% year-over-year.

IndusInd Bank Faces Rising Microfinance Loan Defaults - 08 Nov, 2024

IndusInd Bank reported increased default rates in microfinance loans, which are collateral-free loans for individuals with annual incomes up to Rs 300,000, based on recent quarterly results.

IndusInd Bank Shows Strong Upward Momentum - 06 Nov, 2024

IndusInd Bank is exhibiting a positive trend with stable support at Rs 1,070. A disciplined entry at Rs 1,087 positions the stock to target Rs 1,125, indicating potential gains.

IndusInd Bank Faces Significant Losses and Deterioration - 04 Nov, 2024

IndusInd Bank has become the top loser on Nifty 50, with nearly 30% losses since September 27, driven by increased slippages and provisions following poor quarterly results.

IndusInd Bank Listed as Attractive Post-Correction - 31 Oct, 2024

Emkay Global identifies IndusInd Bank among five 'overcorrected' stocks, suggesting potential investment opportunities in the current market correction.

IndusInd Bank Faces Slippages Amid New Alliance - 30 Oct, 2024

IndusInd Bank reported significant slippages and increased provisions, leading to a stock decline. The bank also formed a strategic alliance with Trustmore for digital escrow services.

IndusInd Bank Partners for Solar Financing Initiative - 29 Oct, 2024

IndusInd Bank has teamed up with Tata Power Renewable Energy to offer collateral-free solar loans to Micro and Small Enterprises, supporting India's sustainability goals with flexible terms and competitive rates.

IndusInd Bank Faces Major Stock Decline - 28 Oct, 2024

IndusInd Bank's stock plummeted 20% following disappointing Q2 earnings, reporting a 40% drop in net profit and a significant stake sale by Societe Generale. Despite this, brokerages maintained buy ratings.

IndusInd Bank Faces Challenges but Buy Recommendation - 27 Oct, 2024

IndusInd Bank's PAT declined 40% YoY, but Motilal Oswal maintains a buy rating with a target price of Rs 1,500, citing growth in loans and deposits.

IndusInd Bank Shares Plunge Amid Poor Earnings - 26 Oct, 2024

IndusInd Bank shares experienced a significant decline of nearly 20% following disappointing Q2 results, with a 40% drop in net profit and rising NPAs. The broader market also suffered, leading to substantial investor losses.

IndusInd Bank Faces Profit Drop and Share Decline - 25 Oct, 2024

IndusInd Bank reported a 39% YoY decline in net profit for Q2 FY25, leading to an 18% drop in share price. Societe Generale sold its stake, further impacting market sentiment. Despite this, Emkay Global maintains a 'Buy' rating with a revised target price of Rs 1,650.

IndusInd Bank Reports Significant Q2 Profit Decline - 24 Oct, 2024

IndusInd Bank's Q2 FY25 results show a 40% decline in net profit to ₹1,331 crore due to increased provisions and asset quality concerns. Despite this, net interest income grew by 5%, and deposits rose by 15%. Management remains cautiously optimistic about recovery in the microfinance sector.

IndusInd Bank Q2 Results Preview Indicates Weak Performance - 23 Oct, 2024

IndusInd Bank's Q2 net profit is expected to decline 3% YoY due to slowing loan growth, despite a 7% rise in net interest income. Asset quality remains stable, but provisions may increase due to higher slippages from the MFI portfolio. Overall, the outlook suggests muted operating performance.

IndusInd Bank Q2FY25 Preview Indicates Mixed Performance - 22 Oct, 2024

IndusInd Bank is projected to see a 9% rise in net interest income and a 4% increase in profit for Q2FY25. However, analysts expect margin contraction and worsening asset quality, with shares slipping 1% in the quarter.