Yes Bank shares plunged 9 percent and IndusIndBank tanked 6 percent intraday on June 13 after global brokerage house UBS slashed price target sharply by 47 percent and 18 percent, respectively, citing weak earnings going ahead.
UBS downgraded IndusInd Bank to sell and cut target to Rs 1,400 from Rs 1,700 earlier while in case of Yes Bank, the brokerage maintained sell rating and slashed target to Rs 90 from Rs 170 apiece.
UBS downgraded IndusInd Bank to sell and cut target to Rs 1,400 from Rs 1,700 earlier while in case of Yes Bank, the brokerage maintained sell rating and slashed target to Rs 90 from Rs 170 apiece.
For more information on stock tips and quick free trial click here > 911 133 9000 Visit http://www.epicresearch.co
Connect with our social media sites
Follow @Epic_Research
Connect with our social media sites
| YouTube | Google+ |
This post first appeared on Epic Research - Free Stock Tips | Intraday Tips, please read the originial post: here
