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IndusInd Bank Stock Gets Another Big Target Price Cut As CLSA Cites Lingering Uncertainty
CLSA reduced the IndusInd Bank target price from Rs 1,300 to Rs 900, but maintained an 'outperform' rating.
13 Mar 2025, 08:54 AM IST 
CLSA said if IndusInd Bank delivers earnings broadly in line with expectations over the next 4-6 quarters, investor concerns will subside. (Photo source: NDTV Profit)
IndusInd Bank Ltd. stock received another large target price cut, this time from CLSA, on lingering uncertainty over management continuity and persistent investor pessimism. Analysts at the brokerage drew parallels from similar events at other banks — RBL Bank Ltd. and Yes Bank Ltd.It cited the case of RBL Bank when the stock crashed 60% after the Reserve Bank of India gave a one-year extension to the managing director and later appo...
