Indian Bank Rises as Target Hits ₹800

  Published 8 months ago

Indian Bank jumps 3.68% to ₹720.25 as Motilal Oswal upgrades target, citing strong growth prospects.

  • Motilal Oswal raises price target to ₹800, maintaining buy recommendation for mid‑size public bank sector.
  • Bank shows double‑digit loan growth, asset quality, and ROA above guidance, with slippages under 1% expected.
  • YTD performance up ~36%; preferred pick for defensive stability and structural growth among peers today.

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