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.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,