IndusInd Bank gained 2.81% to Rs 481 at 12:13 IST on BSE after 0.23% equity changed hands in a bulk deal on BSE today, 18 March 2014.
A bulk deal of 12.50 lakh shares was executed on the IndusInd Bank scrip at Rs 471.70 per share in opening trade on BSE today, 18 March 2014.
Meanwhile, the BSE Sensex was up 137.33 points, or 0.63%, to 21,947.13
On BSE, so far 13.24 lakh shares were traded in the counter, compared with an average volume of 2.62 lakh shares in the past one quarter.
The stock hit a high of Rs 483.70 and a low of Rs 467.85 so far during the day. The stock hit a record high of Rs 530.60 on 27 May 2013. The stock hit a 52-week low of Rs 318 on 28 August 2013.
The stock had outperformed the market over the past one month till 14 March 2014, rising 24.15% compared with the Sensex's 7.08% rise. The scrip had also outperformed the market in past one quarter, gaining 12.32% as against Sensex's 5.28% rise.
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The large-cap bank has an equity capital of Rs 525.42 crore. Face value per share is Rs 10.
IndusInd Bank's after net profit rose 29.8% to Rs 346.90 crore on 21.7% increase in total income to Rs 2,623.76 crore in Q3 December 2013 over Q3 December 2012.
IndusInd Bank caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on 31 December 2013, IndusInd Bank has 573 branches, and 1055 ATMs spread across 392 geographical locations of the country. The Bank also has representative offices in London and Dubai.
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