Nomura ups IndusInd Bank rating to buy; revises target price to Rs 1,050
- Posted on June 18, 2025
- By Financial Express
- 2 Views
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.
