$INDUSINDBK Bank Share Price: Stock falls nearly 6% despite strong Q1; should you buy?

IndusInd Bank Share Price: IndusInd Bank shares fell sharply on Thursday, a day after the company announced its Q1FY27 results. The stock was trading at Rs 1,006.40 on the NSE, down 5.88% for the day. During the session, it slipped to an intraday low of Rs 1,002.40. Private lender on Wednesday posted a 72 per cent jump in its consolidated profit after tax to Rs 1,037.05 crore for the June quarter, and guided towards a stronger profit show going ahead, saying its balance sheet has strengthened by actions of the past year.