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IndusInd Bank Ltd extends winning spree

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Capital Market
Last Updated : Mar 03 2021 | 2:16 PM IST

IndusInd Bank Ltd is quoting at Rs 1088.85, up 1.44% on the day as on 12:49 IST on the NSE. The stock is up 2.15% in last one year as compared to a 34.4% gain in NIFTY and a 26.18% gain in the Nifty Bank index.

IndusInd Bank Ltd rose for a third straight session today. The stock is quoting at Rs 1088.85, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.36% on the day, quoting at 15121.7. The Sensex is at 50975.14, up 1.35%. IndusInd Bank Ltd has added around 5.49% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has added around 2.3% in last one month and is currently quoting at 35419.7, up 2.08% on the day. The volume in the stock stood at 26.81 lakh shares today, compared to the daily average of 103.08 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1098.85, up 2.01% on the day. IndusInd Bank Ltd is up 2.15% in last one year as compared to a 34.4% gain in NIFTY and a 26.18% gain in the Nifty Bank index.

The PE of the stock is 36.67 based on TTM earnings ending December 20.

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First Published: Mar 03 2021 | 1:05 PM IST

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