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Indusind Bank moves up as its Q2 net advances rise 2%

06 Oct 2020 Evaluate

IndusInd Bank is currently trading at Rs. 611.90, up by 10.15 points or 1.69% from its previous closing of Rs. 601.75 on the BSE.

The scrip opened at Rs. 614.20 and has touched a high and low of Rs. 626.10 and Rs. 606.05 respectively. So far 485934 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. 630.70 and Rs. 520.50 respectively. The current market cap of the company is Rs. 46101.96 crore.

The promoters holding in the company stood at 14.65%, while Institutions and Non-Institutions held 66.79% and 18.55% respectively.

IndusInd Bank has reported rise in net advances to Rs 2,00,242 crore as of September 30, 2020 (Q2FY21), a  marginal growth of 2% as compared to Rs 1,97,113 crore as of September 30, 2019. The Bank’s deposits also increased to Rs 2,28,460 crore in September 30, 2020, with growth of 10% as compared to Rs 2,07,193 crore as of September 30, 2019. The Bank had a current and savings account (CASA) ratio of 40.4% as on September 30, 2020, compared to 40.1% as on June 30, 2020 and 41.4% as on September 30, 2019.

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

Indusind Bank Share Price

860.45 -9.45 (-1.09%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 784.50
ICICI Bank 1347.75
Axis Bank 1369.55
Kotak Mahindra Bank 370.40
Indusind Bank 860.45
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