29 Sep 2025 | 3 Mins Read
IndusInd Bank surges 2.5% on Morgan Stanley upgrade
Flipitmoney
IndusInd Bank shares rose 1.8% to Rs 725.85 after Morgan Stanley upgraded the stock to "equal-weight" from "underweight", citing inexpensive valuations. The brokerage hiked the price target to Rs 785 from Rs 750, implying a 10% upside. It said the stock's current valuation, 0.8 times 2026-27 book value, is fair.