IndusInd Bank shares jump 6% as profit surges and brokers lift targets

Published on 27 April 2026

A 331% profit spike sparks renewed turnaround bets

IndusInd Bank shares rallied about 6% after Q4 results pointed to a possible turnaround. Profit rose sharply, and asset quality appeared to stabilize, easing investor concerns. Jefferies and other brokerages raised target prices based on improving profitability and a credible recovery path, though some still warn that the market’s re-rating could take time.

Shares jumped roughly 6% after Q4 results
Profit surged, while asset quality looks steadier
Brokers raised targets on improving earnings momentum
Some caution remains over how fast the re-rating happens

#turnaround #broker targets #stock market #indusind bank #q4 results

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IndusInd Bank shares jump 6% as profit surges and brokers lift targets

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