1. 

   Shreenath A New Member

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   Sep 1, 2020

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   Could someone please tell me whether now is a good time(Sept 2020) to enter IndusInd bank ltd(trading @ approx 610 Rs) if I am looking to hold the stock for 1 - 1.5 years, and looking at 50% profit?

    

   Shreenath A, Sep 11, 2020

   #1
2. 

   Cool2Invest New Member

   Joined:

   Oct 25, 2019

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   Hope you enjoying the ride at Indusind , it has touched rs 835 after your post.

    

   Cool2Invest, Nov 14, 2020

   #2
3. 

   Michael Gonsalves Member Staff Member

   Joined:

   Jun 26, 2016

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   All Banking stocks are doing well, including IndusInd Bank. However, looking at the rapidness of the up-move and down-move, it may be that the funds being pumped in are speculative in nature. From an investment point of view, it may be better to wait for all the Covid-moratarium related NPAs to be fully disclosed in the books and for the stock price to reflect it.

    

   Michael Gonsalves, Nov 15, 2020

   #3

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