Up over 15% in 5 days, is this Nifty bank stock on track for a major re-rating?

Domestic brokerage ICICI Securities, which is among the most bullish on the bluechip stock, is impressed by IndusInd’s NII (net interest income) growth of 16 per cent year-on-year (YoY) and stable NIMs (net interest margins) of 4.21 per cent.

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