INDUSINDBK - Cup and Handle breakout - Daily

Name - INDUSINDBK
Pattern - Cup and Handle breakout
Timeframe - Daily
Volume - Avg
Cmp - 1464
Can test - 1570
SL - 1450


Q1 FY 2023-24 Key Highlights Consolidated financial results
o Net Interest Income (NII) grew by 18% YoY to ₹4,867 crores from ₹4,125 crores
o NIM improved to 4.29% as at Q1 FY24 as compared to 4.21% as at Q1 FY23 and 4.28% as at Q4 FY23
o Quarterly Net Profit grew by 30% YoY to ₹2,124 crores from ₹1,631 crores
o Deposits grew by 15% YoY to ₹3,47,047 crores from ₹3,02,719 crores
o Gross NPA and Net NPA ratios improved to 1.94% and 0.58% from 2.35% and 0.67% YoY respectively
and PCR at 71% as at June 30, 2023
o CRAR as on June 30, 2023 at 18.40% as compared to 18.14% on June 30, 2022


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Disclaimer: This analysis is for informational purposes and not financial advice. The author is not a registered financial advisor. Individuals should conduct their research and seek professional advice before making investment decisions
Cup And HandlecupandhandlepatterncupnhandleINDUSINDBK

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