​Brokerages see up to 45% upside in IndusInd Bank post Q4 show. Should you buy?

Apr 25, 2023

ETMarkets.com

Brokerage View

​IndusInd Bank was among the top Sensex gainers in Tuesday's trade after the private lender reported a better-than-expected show for the March 2023 quarter. Here’s what brokerages suggest investors should do with the stock now. (CMP: Rs 1102)

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Jefferies

Rating: Buy | Target Price: Rs 1,550 | Potential Return: 41%

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Kotak Institutional Equities

​Rating: Buy | Target Price: Rs 1,350 | Potential Return: 23%

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Nuvama

​Rating: Hold | Target Price: Rs 1,230 | Potential Return: 12%

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Emkay

​Rating: Buy | Target Price: Rs 1,600 | Potential Return: 45%

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Sharekhan

Rating: Buy | Target Price: Rs 1,400 | Potential Return: 27%

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