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IndusInd Bank Q1 profit seen up 24%

Discussion in 'Fundamental Analysis' started by nivezastock, Jul 11, 2016.

  1. nivezastock

    nivezastock New Member

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    #Niveza #Review :: #IndusInd #Bank Q1 profit seen up 24% ::

    Private sector lender IndusInd Bank''s first quarter (April-June) profit is likely to increase 24.5 percent to Rs 654 crore compared with Rs 525 crore in year-ago period.
    We think the stock may react positively if gross non-performing assets remain below 1 percent
    (0.87 percent in Q4), credit cost below 20 basis points (17 bps in Q4) and net interest margin comes above 3.9 percent (3.94 percent in Q4).

    Visit: STOCK MARKET TIPS
     
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