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IndusInd Bank: DIIs Increase Their Stake to 40% in Q4, Is This a Sign to Buy the Stock?

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IndusInd Bank: DIIs Increase Their Stake to 40% in Q4, Is This a Sign to Buy the Stock?

Synopsis: Private sector lender that was bleeding losses just a year ago has quietly turned the corner – provisions have collapsed, bad loans are easing, institutional investors are quietly accumulating, and the smart money is starting to see a 21% upside from current levels. One of India's largest private sector banks just delivered a result that few saw coming. After…

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