IndusInd Bank's stock rises despite Q1 profit and loan growth declines, dividing analysts.

IndusInd Bank's shares rose despite a sharp drop in Q1 profits and loan growth. Analysts have mixed views, with some maintaining a neutral stance and others advising to reduce holdings. While the bank returned to profitability and managed costs, asset quality worsened, and there are concerns over management issues and future performance. Target prices for the stock vary widely among brokers.