With Anup Bagchi as CEO, a deep-dive into how bank stocks fared after top boss changes - Yes, RBL, IndusInd, HDFC Bank
Indusind Bank secured new business.
· LiveMint Markets
Anup Bagchi's appointment as HDFC Bank's CEO signals a crucial leadership change.
The analysis
Against that, the stock is -1.6% on the day at ₹860.60, and has returned -13.1% over three months. It sits 20% below its 52-week high. The banks sector has moved -1.7% over the same period, so Indusind Bank is running 11.4 points behind its peers.
For Indusind Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- The company directly in focus is INDUSINDBK.
- Sector exposure: Banks.
In this story
Related coverage
Anup Bagchi vs Sashidhar Jagdishan: How HDFC Bank’s incoming CEO pay compares with his predecessor
Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years?
Gold extends slide to ₹1.48 lakh per 10 gm in Delhi amid weak demand
Vaishali Parelh's best stocks to buy: IndiGo, IndusInd Bank, GPIL | Target price, stoploss, Nifty, Bank Nifty prediction
FMCG Q2FY27 preview: 6 stocks HDFC Sec likes; Honasa, Nestlé, Emami, Bikaji, Britannia, Godrej Consumer - check targets