IndusInd Bank stock rally has more legs; up to 31% probable increase: experts

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IndusInd Bank addressed key issues that were overhanging the exchange counter – the most significant being the reappointment of its chief executive and managing director

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IndusInd Bank | Markets | banking stocks


Nikita Vashisht |
New Delhi



Shares of IndusInd Bank have seen a rally so far in calendar year 2022 (CY22), with the counter rising 42% so far this year from a decline of 0.76% in CY21. With this, it outperformed the Nifty50 and Nifty500 indices by a wide margin which gained 2.6% and 3%, respectively, during this period.


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First published: Wednesday, September 21, 2022. 1:00 p.m. IST

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