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.
Honasa Consumer shares jump 7% as Q2 operating update points to strong growth
Honasa Consumer shares rallied after the company projected strong Q2 FY27 operating performance, with net sales growth expected in the early thirties, improving margins and
October 6, 2026