
IndusInd Bank shares get another 30% price target cut; CLSA warns of this key trigger
Global brokerage firm CLSA has an ‘Outperform’ rating on IndusInd Bank but has lowered its price target from ₹1,300 to ₹900 per share. The revised price target suggests a potential upside of 31% from current levels. The foreign brokerage wrote in its note that the past few days have been turbulent for the bank, starting…