OUTLOOK ON INDUSIND

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



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