Indusind Bank rose 0.88% to Rs 838.70 at 13:58 IST on BSE after net profit rose 28.91% to Rs 447.19 crore on 16.16% increase in total income to Rs 3047.70 crore in Q3 December 2014 over Q3 December 2013.
The result was announced during trading hours today, 13 January 2015.
Meanwhile, the BSE Sensex was down 2.95 points, or 0.01%, to 27,582.32.
On BSE, so far 2.55 lakh shares were traded in the counter, compared with an average volume of 97,982 shares in the past one quarter.
The stock hit a high of Rs 849 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 832.25 so far during the day. The stock hit a 52-week low of Rs 369.05 on 30 January 2014.
The stock had outperformed the market over the past one month till 12 January 2015, rising 6.77% compared with 0.86% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 33.39% as against Sensex's 4.90% rise.
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The large-cap private sector bank has an equity capital of Rs 529.05 crore. Face value per share is Rs 10.
Indusind Bank's ratio of net non-performing assets (NPAs) to net advances stood at 0.32% as on 31 December 2014, compared with 0.33% as on 30 September 2014 and 0.31% as on 31 December 2013.
The bank's ratio of gross NPAs to gross advances stood at 1.05% as on 31 December 2014, compared with 1.08% as on 30 September 2014 and 1.18% as on 31 December 2013.
Provisions and contingencies fell 22.31% to Rs 98.01 crore in Q3 December 2014 over Q3 December 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 12.39% as on 31 December 2014, compared with 12.96% as on 30 September 2014 and 14.38% as on 31 December 2013.
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