Wednesday, May 1, 2019

IndusInd Bank Ltd. Sell at Rs 1,585 with stoploss of 1625 rupees

IndusInd Bank Ltd. Sell on target of Rs 1,585



Market expert Dr. CK Narayan is suggesting for investors that IndusInd Bank Ltd. Sell ​​on the target price of 1585.0 and Keep stoploss Rs 1625. IndusInd Bank Ltd. The current market price of Rs. 1607.7 and Market Expert has fixed its timeframe Intra Day, when IndusInd Bank Ltd. The price can reach its set target. Investors are instructed by Dr. CK Narayan that they should keep stoploss Rs. 1625 and strictly adhere to it.

IndusInd Bank Ltd., incorporated in the year 1994, is a banking company whose market cap is Rs 96930.81 crore.

The bank has reported total non-executed assets of Rs 1968.15 crore / Gross NPA (1.13% of total assets) and net non-performing asset / net NPA (.59% of total assets) of Rs 1029.27 crores.
For the end quarter 31-12-2018, the reported standalone interest income by the bank is Rs 4763.22 crore, the last quarter interest income up 6.99% - from Rs 4452.10 crore and 37.28% over the previous year's interest income - Rs 3469.61 Million In the latest quarter, the bank has a net profit of 985.03 crores after the reported tax.


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