Meanwhile, the BSE Sensex was up 165.70 points, or 0.85%, to 19,746.51.
On BSE, 61,000 shares were traded in the counter as against an average daily volume of 28,028 shares in the past one quarter.
The stock hit a high of Rs 214.55 and a low of Rs 205 so far during the day. The stock had hit a 52-week high of Rs 265 on 7 March 2012. The stock had hit a 52-week low of Rs 152 on 3 September 2012.
The stock had outperformed the market over the past one month till 1 January 2013, rising 14.71% compared with the Sensex's 1.25% rise. The scrip had also outperformed the market in past one quarter, rising 9.37% as against Sensex's 4.02% rise.
The mid-cap bank has an equity capital of Rs 429.77 crore. Face value per share is Rs 10.
Indian Bank's net profit rose 5.97% to Rs 496.68 crore on 11.8% increase in operating income to Rs 3774.93 crore in Q2 September 2012 over Q2 September 2011.
The Government of India (GoI) holds 80% stake in Indian Bank (as per the shareholding pattern as on 30 September 2012).
Powered by Capital Market - Live News
