IndusInd Bank is currently trading at Rs. 362.80, up by 5.65 points or 1.58% from its previous closing of Rs. 357.15 on the BSE.
The scrip opened at Rs. 358.40 and has touched a high and low of Rs. 364.35 and Rs. 358.00 respectively. So far 44,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 375.65 on 04-Oct-2012 and a 52 week low of Rs. 221.75 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 374.70 and Rs. 355.60 respectively. The current market cap of the company is Rs. 17,034 crore.
The promoters holding in the company stood at 19.38% while Institutions and Non-Institutions held 43.01% and 23.83% respectively.
The bank has registered a jump of over 29.60% in its net profit at Rs 250.25 crore as compared to Rs 193.09 crore in the corresponding quarter previous year. The total income of the bank has also increased by 31.05% to Rs 2048.42 crore for the quarter under review as compared to Rs 1563.07 crore in the same month last year.
Gross non-performing assets (NPAs) improved to 1.03% in the July-September quarter as against 1.09% in the same quarter previous year while net NPAs too improved to 0.29% from 0.31%. The bank’s Net Interest Margin (NIM) improved to 3.25% from 3.22% as drop in cost of funds helped margins.
