As you know Companies Q2 result have started, IndusInd Bank Q2 Result will Coming tomorrow onwards. On a quarter-on-quarter basis, IndusInd Bank’s profit in the second quarter of FY2020 is expected to fall by 3.7 per cent to Rs 1379.8 crore, while the bank’s other income is likely to grow by 5 per cent.
The bank NIMs are projected to remain at 4 per cent in the second quarter. Also NBFCs, Mcleod Russel are expected to add new slippages. At the same time, loan growth is estimated to be more than 25 percent. However, the gross and net NPA of the bank may remain stable in the second quarter. The bank’s corporate loans may see slowness and retail loans improve.
It is also reported that there may be a change in the management of Indusind Bank. Sumant Kathpalia can be replaced by Ramesh Sobti.
INDUSINDBK Stock Trading Tips for Tomorrow
@Intraday Trader Can Buy INDUSINDBK Shares for Tomorrow Above 1321 for Targets 1337, 1347 Stop Loss 1303.