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Induslnd Bank gains on opening three new branches in Vadodara

11 Oct 2013 Evaluate

Induslnd Bank is currently trading at Rs. 420.45, up by 5.15 points or 1.24% from its previous closing of Rs. 415.30 on the BSE.

The scrip opened at Rs. 423.00 and has touched a high and low of Rs. 425.80 and Rs. 419.00 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 530.60 on 27-May-2013 and a 52 week low of Rs. 318.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 429.90 and Rs. 385.50 respectively. The current market cap of the company is Rs. 22,038.00 crore.

The promoters holding in the company stood at 15.24% while Institutions and Non-Institutions held 47.25% and 25.16% respectively.

Induslnd Bank, one of the fastest growing new-generation private sector banks in the country has opened three new branches in the Vasna Road, Dandia Bazaar and Subhanpura area of Vadodara on October 9th & 10th, 2013 respectively.

With the inauguration of three new branches in Vadodara, the bank now has eight branches in Vadodara and overall thirty nine branches in the state of Gujarat. The bank also announced its plans to further strengthen its presence and customer reach in Gujarat.

The increase in number of new branches will allow more number of customers to avail the bank’s unique customer propositions along with full range of services ranging from Saving & Current Accounts, Loan products to Wealth Management and Credit cards. Besides, innovative facilities such as ‘My Account, My Number’, ‘Choice Money ATM’ and ‘Cash on Mobile’ among others would also be available to the customers from day one.

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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