IndusInd Bank Ltd profit may beat estimates: StarMine

Jan 09 2014, 13:25 IST
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IndusInd Bank shares are down 1.2 per cent at 0545 GMT. IndusInd Bank shares are down 1.2 per cent at 0545 GMT.
SummaryIndusInd Bank shares are down 1.2 per cent at 0545 GMT.

The IndusInd Bank Ltd may beat consensus profit forecast for the Oct-December quarter when it reports results on Friday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects IndusInd to report a profit of 3.41 billion rupees ($54.9 million) for the quarter, compared with a consensus mean estimate of 3.30 billion rupees.

IndusInd Bank shares are down 1.2 per cent at 0545 GMT.

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