On March 7th, 2025, IndusInd Bank experienced a fall in share prices since the opening bell. The downward graph is despite Nifty Bank trading in positive. Analysts believe that multiple factors could have caused the fall.
In January 2025, Goldman Sachs reduced the bank’s target price by 17% to Rs. 1,090 per share. The downgrade was attributed to rising defaults in the bank’s commercial retail portfolio, slower revenue growth, and increasing earnings pressure. The Reserve Bank of India recently penalized IndusInd Bank for non-compliance with a few regulatory guidelines. Such actions can negatively impact investor sentiment and contribute to a decline in share price.
Today, IndusInd Bank’s stock price began at Rs. 971.00 a share and is currently down by 2.5% compared to the opening bell rates.
IndusInd Bank Share Price in Today’s Market
At 11:00 a.m., InduInd’s share price is 943.80, nearly 2.5% lower than the previous close and opening rates of 371.00. According to the reports and estimates on Money Control, the current market capitalization shows 73,519 cores; the UC Limit is 1,068.85, and the LC Limit is 874.55.
Company Financials
IndusInd Bank disclosed its third-quarter financials on January 31st. The data revealed a decline in the bank’s performance. The bank’s net profit declined by 39% year-over-year to Rs. 1,401 crore, compared to Rs. 2,295 crore in the same quarter of the previous fiscal year. Net Interest Income decreased to Rs. 5,228 crore from Rs. 5,296 crore in Q3 FY24. The Net Interest Margin contracted to 3.93% from 4.29%.
Recent News About IndusInd Bank
- As of December 2024, Reliance Nippon Life Insurance initiated discussions with IndusInd Bank to establish a bancassurance partnership.
- In February 2025, IndusInd Bank declared a collaboration with the Professional Golf Tour of India (PGTI).
IndusInd Bank’s Share Price Target
Experts on Trendlyne predicted that IndusInd Bank Ltd. has an average target of 1492.92. The consensus estimate shows an upside of 57.72% from the last price of 946.55.
Should You Buy, Sell, Or Hold?
Trendlyne’s experts offer a mixed report for buying and holding, with a majority supporting buying shares. Money Control reports the same. 62% of analysts support buying, and 23% suggest holding the shares. Before investing in IndusInd Bank, consider its long-term performance and consult your analyst to make the perfect move.
