IndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?
· economictimes.indiatimes.com
IndusInd Bank shares fell despite reporting a 72% year-on-year jump in Q1 FY27 net profit to Rs 1,037 crore and brokerages raising target prices. Investors remained cautious as net interest income stayed largely flat at Rs 4,685 crore. The lender's profitability was supported by an improvement in net interest margin to 3.57%.
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