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Indusind Bank surges as its Q1 net advances rise 4%

07 Jul 2020 Evaluate

IndusInd Bank is currently trading at Rs. 514.20, up by 18.25 points or 3.68% from its previous closing of Rs. 495.95 on the BSE.

The scrip opened at Rs. 495.95 and has touched a high and low of Rs. 517.40 and Rs. 492.25 respectively. So far 2679595 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1596.35 on 02-Dec-2019 and a 52 week low of Rs. 235.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 517.40 and Rs. 474.85 respectively. The current market cap of the company is Rs. 35670.10 crore.

The promoters holding in the company stood at 14.34%, while Institutions and Non-Institutions held 69.08% and 16.58% respectively.

IndusInd Bank has reported rise in net advances to Rs 2,00,357 crore as of June 30, 2020 (Q1FY21), a marginal growth of 4% as compared to Rs 1,93,520 crore as of June 30, 2019. The Bank’s deposits also increased to Rs 2,11,970 crore in June 30, 2020, with growth of 6% as compared to Rs 2,00,586 crore as of June 30, 2019. The Bank had a current and savings account (CASA) ratio of 40.2% as on June 30, 2020, compared to 40.4% as on March 31, 2020 and 43% as on June 30, 2019.

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

Indusind Bank Share Price

870.85 14.40 (1.68%)
22-Apr-2026 14:51 View Price Chart
Peers
Company Name CMP
HDFC Bank 801.75
ICICI Bank 1367.50
Axis Bank 1382.85
Kotak Mahindra Bank 377.95
Indusind Bank 870.85
View more..

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