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IndusInd Bank Ltd gains for third consecutive session

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Capital Market
Last Updated : Mar 14 2019 | 1:16 PM IST

IndusInd Bank Ltd is quoting at Rs 1676.5, up 2.45% on the day as on 12:49 IST on the NSE. The stock is down 3.75% in last one year as compared to a 9.42% spurt in NIFTY and a 16.53% spurt in the Nifty Bank index.

IndusInd Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1676.5, up 2.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11335.7. The Sensex is at 37743.15, down 0.02%. IndusInd Bank Ltd has risen around 11.06% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has risen around 7.82% in last one month and is currently quoting at 28884.3, up 0.02% on the day. The volume in the stock stood at 40.76 lakh shares today, compared to the daily average of 22.67 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1679.1, up 2.79% on the day. IndusInd Bank Ltd is down 3.75% in last one year as compared to a 9.42% spurt in NIFTY and a 16.53% spurt in the Nifty Bank index.

The PE of the stock is 25.32 based on TTM earnings ending December 18.

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First Published: Mar 14 2019 | 1:05 PM IST

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