Morgan Stanley retains an Overweight rating on IndusInd Bank with a target price of Rs 1,780. The firm expects the stock to outperform the industry in the next 15 days despite recent corrections due to weak volume growth and PPoP progression. The bank’s strong asset quality in Q1 and confidence in meeting FY25 asset quality guidance make the current valuation attractive.
Deven Choksey on 3 insurance stocks to invest in now
Deven Choksey, MD of DRChoksey FinServ, says private sector insurance companies are relatively more favourable from a growth perspective. Valuation-wise, some of them have already