IndusInd Bank was down 0.02% to Rs 1,126.50 at 14:44 IST on BSE after net profit rose 25.96% to Rs 661.38 crore on 22.36% growth in total income to Rs 4264.66 crore in Q1 June 2016 over Q1 June 2015.
The result was announced during market hours today, 11 July 2016.Meanwhile, the S&P BSE Sensex was up 433.43 points or 1.6% at 27,560.33.
On BSE, so far 2.57 lakh shares were traded in the counter as against average daily volume of 77,432 shares in the past one quarter. The stock was volatile. The stock rose as much as 1.84% at the day's high of Rs 1,147.50 so far during the day, which is a record high for the counter. The stock lost as much as 0.27% at the day's low of Rs 1,123.65 so far during the day. The stock had hit a 52-week low of Rs 799 on 11 February 2016. The stock had outperformed the market over the past one month till 8 July 2016, gaining 1.17% compared with Sensex's 0.39% rise. The scrip had also outperformed the market in past one quarter, advancing 20.17% as against Sensex's 9.94% rise.
The large-cap bank has equity capital of Rs 595.87 crore. Face value per share is Rs 10.
IndusInd Bank is a leading private sector bank in India.
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