IndusInd Bank shares plunged over 18% to ₹1,041.5 on BSE on Friday as analysts reduced their share price target owing to the bank's weaker-than-expected Q2 results. The bank's net profit dipped around 40% YoY to ₹1,331 crore in the quarter, majorly driven by an 87% increase in provisions. Weak net interest margins and deterioration in asset quality also disappointed analysts.