At what level does IndusInd Bank stock become a Buy? What analysts say

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At what level does IndusInd Bank stock become a Buy? What analysts say - Business Standard

Quick Summary:

Investors should not rush into IndusInd Bank stock right now, but buy on news flow and in a phased manner, reckons Gaurang Shah of Geojit Financial Services.

The stock's market capitalisation too dropped below the Rs 50,000 crore mark in intra-day deals today. Historical data shows that so far this calendar year the stock has declined 37 per cent, and has slumped 61.7 per cent since the start of 2024.

At what level does IndusInd Bank stock become a Buy?