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The Economic Times
The Economic Times
Debaroti Adhikary

IndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?

IndusInd Bank IndusInd Motilal Oswal NSE Nuvama

Shares of IndusInd Bank dropped over 5% on Thursday, even after the private lender reported a 72% year-on-year (YoY) surge in net profit to Rs 1,037 crore for the first quarter of the ongoing FY27, with brokerages raising target prices for the stock.

IndusInd Bank shares fell to Rs 1,015.10 apiece on NSE today, after the private lender on Wednesday released its earnings for the April-June quarter of the financial year 2027. Its net interest income (NII) remained flat at Rs 4,685 crore in Q1 FY27, as compared to Rs 4,640 crore in the same quarter of last year.

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