Stock analyst Ashwani Gujral is of the view that investors should buy Indian Bank stock around Rs 165 to achieve short term target of Rs 240.
The outlook appears positive, and presently (10:45 am), the stock is hovering near Rs 182. Keep a stop loss of Rs 156. Yesterday, the stock performed well, and closed positively on the BSE.
Mr. Gujral has suggested this stock after analyzing its brilliancy in the last few months. So don’t miss the chance and make huge profit form this stock.
Indian Bank plans to open four more micro-credit branches in Bhubaneswar, New Delhi, Pune, and Bangalore, reports Business Standard.