Stock- Indusind bank Cmp - 1039 Resistance- (1060-1070)
#fundatechnoinvest FUNDAMENTEL HIGHLIGHTS- -Net Income of the bank increased 11.52% QoQ & 193.82% YoY -PE Ratio is comparable to Industry leaders. PB ratio is much less than other its peers, which makes it attractive for investment. -CASA % decreased to 40.37 from 43.14, which is comparable to other banks as well.
Things to worry about🛑- -Gross NPA & Net NPA % increased QoQ -Net profit margin down to 9.78% from 15.34
Long term trend change ahead? Share your views in comment. sumitsanghavi09