IndusInd Bank, Jefferies, Citigroup & Goldman Sachs: Top stock recommendations for May 19
CLSA downgraded IndusInd Bank to hold with the target pricereduced to Rs 780. Analysts said that the audit report, released last week, highlighted that Rs 674 crore was incorrectly recorded as interest income during the April-December nine-month period of FY25 and will be reversed in the Jan-March quarter of FY25.Also, ‘other assets’ and ‘other liabilities’…