Up over 15% in 5 days, is this Nifty bank stock on track for a major re-rating? - Economic Times


7/25/2022 12:00:00 AM2 years 9 months ago
by Nikhil Agarwal

Domestic brokerage ICICI Securities, which is among the most bullish on the bluechip stock, is impressed by IndusInd's NII (net interest income) growth of 16 per cent year-on-year (YoY) and stable NIMs (net interest margins) of 4.21 per cent.

Like many of its larger peers, was left sulking in a corner after the Nifty topped out in October last year. Now with the changing market mood and Q1 earnings show, the Hindujas-promoted lender is am… [+3289 chars]

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