Indusind bank share price: The Indusind Bank has seen a decline of about 2 per cent after the report of Goldman Sachs. Goldman Sachs, in its report released on IndusInd, said that recent controversies over the bank have affected the brand. This is expected to weaken the growth of the bank. The bank’s return is estimated to be reduced further. Goldman Sachs has reduced the EPS estimate of this stock for FY 2026 and FY 2027.
25 per cent for FY 2026 and 17 per cent for FY 2027 EPS is estimated. Brokerage says that funding cost grows and pressure on the bank’s margin is possible with weak yields. The valuation book is seen below the value value with weak turnaround. Goldman Sachs has given a ‘Sell’ rating by downgrating this stock. It has given a tired of Rs 722 for stock.
Specialty Chemical Stocks: Government can impose anti -dumping duty, specialty chemical shares can catch speed
IndusInd Bank: How was stock move
Currently, around 12.35 pm, this stock is trading around Rs 18.60, or 2.12 per cent, to around Rs 860. Today’s high day high is Rs 875.50 and the day of the day is Rs 847.70. The 52 week high of the stock is Rs 1,498 and 52 weeks is 606 rupees. Stock trading volume is around 7,259,776 shares. At the same time, the marketcap is around Rs 67,061 crore.
This stock ran 3.75 per cent in 1 week. At the same time, it has gained 5.93 percent in 1 month. The stock ran 22.56 percent in 3 months. At the same time, since January, this stock has seen 10.32 percent weakness. In 1 year, this stock has lost 39.76 percent. The same, it has gained 6.60 percent in 3 years.
Disclaimer: The ideas given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Money control advises users to seek the advice of certified experts before taking any investment decision.