Hot stocks: Brokerage view on IndusInd Bank, Lupin, Aadhar Housing, Page Industries and Eicher

August 9, 2024

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.

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