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IndusInd Bank leads the gaining BSE “Banking” space

17 Nov 2011 Evaluate

IndusInd Bank is currently trading at Rs 254.80, up by 4.05 points or 1.62% from its previous closing of Rs 250.75 on the BSE.

The scrip opened at Rs 249.00 and has touched a high and low of Rs 258.30 and Rs 248.00 respectively. So far 12400 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 309.30 on 02-Dec-2010 and a 52 week low of Rs 181.00 on 31-Jan-2011.

Last one week high and low of the scrip stood at Rs 273.00 and Rs 245.95 respectively. The current market cap of the company is Rs. 11702.56 crore.

The promoters holding in the company stood at 19.50% while Institutions and Non-Institutions held 42.39% and 24.24% respectively. 

SBI up by 0.69%, Yes Bank up by 0.63% and Bank of India up by 0.80% and Federal Bank of India up by 0.42% were the other top gainers on the BSE “Bankex” space.Recently, IndusInd Bank has revised its base rate and benchmark prime lending rates (BPLR) upwards by 25 basis points (bps).

The bank has also revised savings bank interest rate with effect from November 01, 2011. For saving accounts balance above Rs 1 lakh, the bank will pay interest rate at 6.00% per annum while for saving account balance up to Rs 1 lakh, the bank will pay interest at the rate of 5.50% per annum.

The bank’s net profit for the quarter ended September 30, 2011 has surged by 45.02% at Rs 193.09 crore as compared to Rs 133.15 crore for the quarter ended September 30, 2010. Its total income has jumped up by 51.87% at Rs 1563.07 crore for the quarter under review from Rs 1029.20 crore for September quarter of the previous year.

The bank’s Gross NPA for the September quarter of the current fiscal stood at 1.09%, while the same was at 1.21% for the corresponding quarter of the previous Fiscal. Meanwhile, bank’s Net NPA stood at 0.31% as compared to 0.36% in the same quarter of the previous year.

Indusind Bank Share Price

949.85 3.25 (0.34%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 781.20
ICICI Bank 1264.80
Axis Bank 1269.40
Kotak Mahindra Bank 380.75
Indusind Bank 949.85
View more..

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