IndusInd Bank shares recovered slightly despite reporting its first quarterly loss in two decades, yet analysts remain wary. Brokerages have cut earnings estimates, citing concerns about governance, asset quality, and the upcoming CEO transition. While some see potential value, a broader consensus anticipates a slow and uncertain turnaround for the bank.
Turnaround Story: 8 stocks shift from loss to profit in September ’26 quarter
A “Turnaround Story YoY” indicates that a company has moved from reporting a net loss in the corresponding quarter last year to posting a net