CLSA maintains 'Outperform' on IndusInd Bank, says report; shares gain 3%

Q: How long will it take to read this news story?

The story "CLSA maintains &#039;Outperform&#039; on IndusInd Bank, says report; shares gain 3%" has 571 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "CLSA maintains &#039;Outperform&#039; on IndusInd Bank, says report; shares gain 3%" was covered 4 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 121 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22289701</li><li>URL: https://beamstart.com/news/clsa-maintains-outperform-on-indusind-172483381036</li></ul>

Business Standard Logo Business Standard 4d ago

CLSA maintains 'Outperform' on IndusInd Bank, says report; shares gain 3% - Business Standard

Quick Summary:

On a sequential basis, IndusInd Bank's net profit was down 8 per cent from Rs 2,349 crore in Q4FY24.

The private sector lender, earlier on July 26, 2024, reported its net profit at Rs 2,171 crore, up merely 2 per cent year-on-year (Y-o-Y) in Q1FY25, due to higher provisions.

IndusInd Bank is one of the leading banking solutions providers and partners for approximately 41 million customers across the country, including individuals, large corporations, various government entities, and PSUs.