"Indusindbank: रिटेल की ताकत, रिकवरी की राह!"

Technical Analysis As of Feb 13, 2026 close: ₹922.70 (open ₹922, high ₹929.95, low ₹903.35, volume 28.6L shares, VWAP ₹919.10). 52-week range ₹606-1,063; mkt cap ₹72,146 Cr. Key indicators (daily): RSI neutral, MACD/KST mildly bullish weekly; CCI(14) -97 (sell), ROC -3.68 (sell), but Ultimate Oscillator 51.96 (buy), ADX 17 (weak trend). Pivot levels (classic): prior support ₹900, resistance ₹950. Weekly: +0.93% to ₹903.70, 20D avg vol 46L (delivery 54.84%). Beta neutral, volatility high (ATR ~₹7-25). Outlook: Bullish above ₹930 (20D EMA), risk of retest ₹900 on break.

Recent News, Announcements & Impact Q3 Results (Jan 22): Profit recovery celebrated, NIM expansion positive; shares +ve post-announcement, aiding sentiment stabilization. Investor Events: Analyst meet Feb 11 (Mumbai, presentation on website); IIFL Conference Feb 24 (physical, no price-sensitive info)—potential for updates on microfinance. Other: Physical securities transfer pub (Feb 5); new Chairman Arijit Basu; microfinance growth outlook Q4+. Goldman Sachs (Jul 2025) warned 18% downside on market share loss—lingering caution. Impact: Short-term neutral-positive, re-rating if NPA trends sustain. Micro Events Segment Growth: Microfinance loans to rebound Q4 FY26 post-regulatory stress; vehicle/commercial loans steady. Liability Side: Borrowings ↓13% QoQ, LCR deposits up; granular deposit growth. Income Mix: Fees 37% NII boost, treasury gains ₹200+ Cr. Provisions: Slipped but PCR improved; focus on slippages control. These drive NIM to 3.6%+ target.