RBL Bank shares fall over 4% post Q4 earnings. What should investors do now?

Despite reporting a 37% growth in net profit to Rs 271 crore for the March quarter, the stock of private lender RBL Bank fell 4.4% to Rs 154.6 in Tuesday’s trade. In the same quarter, core net interest income grew 7% to Rs 1,211 crore on the back of a 17% rise in advances. Analysts have maintained a Hold rating with a target price of Rs 170, downgraded the stock to Neutral with a target price of Rs 185, and recommended a Buy with target prices of Rs 194 and Rs 195 for RBL Bank’s shares.