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IndusInd Bank soars on planning to raise funds via debt securities

05 Mar 2020 Evaluate

IndusInd Bank is currently trading at Rs. 1076.20, up by 9.95 points or 0.93% from its previous closing of Rs. 1066.25 on the BSE.

The scrip opened at Rs. 1078.90 and has touched a high and low of Rs. 1094.40 and Rs. 1063.10 respectively. So far 226068 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1835.00 on 28-Mar-2019 and a 52 week low of Rs. 1051.00 on 04-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1135.10 and Rs. 1051.00 respectively. The current market cap of the company is Rs. 74637.21 crore.

The promoters holding in the company stood at 14.38%, while Institutions and Non-Institutions held 70.17% and 15.45% respectively.

IndusInd Bank is planning for the borrowing and raising of funds in Indian and / or Foreign Currency by issuance of debt securities in the nature of Additional Tier 1 Capital (AT1) and / or Tier 2 Capital (T2 Bonds) of the Bank. The meeting of the Board of Directors of the Bank is scheduled to be held on March 09, 2020, to consider and approve the same.

IndusInd Bank is one of the fastest-growing banks in the banking sector in India.

Indusind Bank Share Price

856.45 0.00 (0.00%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 811.65
ICICI Bank 1388.65
Axis Bank 1377.75
Kotak Mahindra Bank 381.50
Indusind Bank 856.45
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