IndusInd Bank’s stock price is under pressure after UBS downgraded the stock to ‘sell’ and cut its target price to ₹850, indicating a 9.09% downside from the current market price (CMP) of ₹935.00.
UBS believes the one-year CEO tenure extension is negative for the bank’s near-term earnings outlook, as regulatory uncertainties take precedence. The brokerage has cut its EPS estimates by ~10.5% for FY26/27, citing a lack of strategic direction and slower growth, which could lead to a further de-rating of the stock.
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