Business Standard

IndusInd reaps quarterly numbers' benefit

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BS Reporter Mumbai

The IndusInd Bank scrip rose 7.1 per cent to close at Rs 83.25 on announcement of healthy quarterly numbers. Net profit jumped four-fold to Rs 86.50 crore for the quarter ended June 2009, while total income rose 37 per cent to Rs 801 crore in the same period.

Net interest margins improved to 2.60 per cent, whereas non-performing assets declined to 1 per cent. The stock opened at Rs 76.1 and made an intraday high of Rs 90.7 and a low of Rs 72.25. A total of 6300,000 shares changed hands- an increase of 2.5 times of its two-week average traded volumes.

 

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First Published: Jul 09 2009 | 12:39 AM IST

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