Nomura ups IndusInd Bank rating to buy; revises target price to Rs 1,050 - Business News, Finance News, Share Market News - Market trendz

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Thursday, 19 June 2025

Nomura ups IndusInd Bank rating to buy; revises target price to Rs 1,050

Nomura upgrades IndusInd Bank to 'Buy' with a revised target price of Rs 1,050, citing improved governance, cleaned-up books, and stronger financials. EPS estimates for FY27-28 raised; retail growth, solid capital, and CEO search seen boosting investor confidence.

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