Quick Answer: Is It Good To Invest In IndusInd Bank?

Is it good to invest in IndusInd Bank share?

IndusInd Bank, despite its massive recovery from its all-time low of Rs 235 a share, is one such candidate thanks to its 65 per cent year-to-date underperformance.

Trading below its book value (0.

9x its FY22 estimated earnings), analysts at Nomura, UBS, and CLSA are positive, primarily for its beaten-down valuation..

Why IndusInd Bank is falling?

Asset Quality Stress is Inevitable Due to COVID-19 Lockdown IndusInd was one of the banks which had significant exposure to IL&FS, of around Rs 3,000 crore. With no recovery in sight, this exposure has been provided for over quarters aggressively. The other grey area is the bank’s exposure to the telecom sector.

Which share is best to buy now?

Our Advisor’s ChoiceStock NameQtyValueHDFC Bank10011000LIC INDIA10011000INFY10011000Total33000

Is money safe in IndusInd Bank?

In contrast, the fixed deposit is protected by a guarantee of up to Rs 5 lakh refund even if the bank goes bankrupt. So, the risk is between losing your money and not losing it. But no investment is so simple, there are no blacks and whites, only shades of grey.

Is IndusInd Bank Debt Free?

New Delhi, Apr 1 (PTI) IndusInd Bank on Wednesday said its promoter IndusInd Ltd, Mauritius has fully repaid the loan to Citibank London and is now a debt-free firm.

Is IndusInd Bank in Trouble?

“IndusInd Bank’s non-performing loan risks have risen in the past six months,” UBS Group AG analysts led by Vishal Goyal wrote in a recent note. They said about 30 per cent of IndusInd’s loan book is facing headwinds and also 4 per cent of total exposure could turn sour in the next 15 months.

What is the future of IndusInd Bank?

Indusind Bank ‘s Latest Research ReportBrokerage/AnalystReport DateCurrent StatusHDFC Securities -16-01-2020ClosedHDFC Securities -16-07-2019ClosedMotilal Oswal -16-10-2017Target HitPrabhudas Lilladher -16-10-2017Target Hit1 more row

What are the top 10 stocks to buy in 2020?

Best Value StocksPrice ($)Market Cap ($B)Brookfield Property REIT Inc. (BPYU)16.280.6NRG Energy Inc. (NRG)30.817.5Ardagh Group SA (ARD)17.974.22 more rows

Which share is best to buy tomorrow?

stocks to buy tomorrow intraday NSE. Stocks going UP tomorrowCompanyToday’s MovementGtn Industries GTNIND Experts ViewBullishIifl Holdings IIFL Experts ViewBullishInox Wind INOXWIND Experts ViewBullishKothari Sugars KOTARISUG Experts ViewBullish10 more rows

What are the best stocks to buy for beginners?

The 7 Best Stocks to Buy for Beginners NowAmazon (NASDAQ:AMZN)Apple (NASDAQ:APPL)Berkshire Hathaway (NYSE:BRK.B)Procter & Gamble (NYSE:PG)Costco (NASDAQ:COST)McDonald’s (NYSE:MCD)FedEx (NYSE:FDX)

Is IndusInd Bank safe after Yes Bank?

The bank’s stock ended nearly 9 per cent down at Rs 604.30 on the BSE on Tuesday. Private sector lender IndusInd Bank has said it is financially strong, well-capitalised and profitable, amid market rumours about the health of the lender after the Yes Bank crisis came to light.