Indusind Bank - Q4 2014 Results

Indusind bank released the Q4 2015 results today. The results are inline with most of the estimates given by brokerage houses. Here are some of the highlights of the results:

Profit After Tax = 495 Cr.

TTM EPS = 34

P/E ratio at CMP of 932 = 27

Net NPA = 0.31% (improvement against last quarter)

Profit has increased, NPA has decreased. A good candidate for your portfolio IF your investment horizon is around 24 months from now. Target 1050+.

Happy Investing...

Disclaimer: This blog only expresses my views and talks about my analysis of the stocks. Please consult your financial adviser before buying or selling stocks. Stocks are risky investment instruments.