{"id":4662,"date":"2024-10-25T10:22:54","date_gmt":"2024-10-25T04:52:54","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4662"},"modified":"2024-10-25T10:22:56","modified_gmt":"2024-10-25T04:52:56","slug":"indusind-bank-shares-tumble-15-as-q2-earnings-disappoint","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/indusind-bank-shares-tumble-15-as-q2-earnings-disappoint\/","title":{"rendered":"IndusInd Bank Shares Tumble 15% as Q2 Earnings Disappoint"},"content":{"rendered":"\n

IndusInd Bank’s stock plummeted 15% on October 25, marking its steepest decline in nearly five months, following weaker-than-expected Q2 FY25 results. The bank’s consolidated net profit dropped 39.5% year-on-year to Rs 1,331 crore, missing estimates. While net interest income rose 5% to Rs 5,347 crore, it was below market expectations, and the net interest margin fell to 4.08% from 4.29% a year earlier.<\/p>\n\n\n\n

It traded at Rs 1,099.30 at 9:55 am on the NSE. Despite the weak performance, HSBC kept a ‘buy’ rating intact but revised the target price lower to Rs 1,510 from Rs 1,770, citing weaker microfinance loan performance.<\/p>\n\n\n\n

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Source:\u00a0Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

IndusInd Bank’s stock plummeted 15% on October 25, marking its steepest decline in nearly five months, following weaker-than-expected Q2 FY25 results. The bank’s consolidated net profit dropped 39.5% year-on-year to Rs 1,331 crore, missing estimates. While net interest income rose 5% to Rs 5,347 crore, it was below market expectations, and the net interest margin […]<\/p>\n","protected":false},"author":1,"featured_media":4663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[576],"class_list":["post-4662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-induslnd-bank-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4662"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4662\/revisions"}],"predecessor-version":[{"id":4664,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4662\/revisions\/4664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4663"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}