📰 ET Markets 🔴 BEARISH 🕒 26 Oct 2026, 09:22 AM IST

IndusInd Bank shares in focus after Q2 results. Why Jefferies cut target despite lender swinging to profit

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Core Development: IndusInd Bank shares in focus after Q2 results. Why Jefferies cut target despite lender swinging to profit

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Market & Financial Impact: IndusInd Bank shares will be in focus after the lender reported a Q2 FY27 net profit of Rs 1,176 crore, reversing a year-ago loss of Rs 445 crore. Improved asset quality, lower provisions and stronger fee income supported the performance. Jefferies retained its ‘Buy’ rating but cut its target price to Rs 1,130, while Motilal Oswal maintained a ‘Neutral’ rating with a Rs 1,050 target.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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IndusInd Bank shares in focus after Q2 results. Why Jefferies cut target despite lender swinging to profit

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