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IndusInd Bank Ltd gains for third consecutive session

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Capital Market

IndusInd Bank Ltd is quoting at Rs 1628.5, up 1.86% on the day as on 12:54 IST on the NSE. The stock is down 14.96% in last one year as compared to a 11.16% spurt in NIFTY and a 17.73% spurt in the Nifty Bank index.

IndusInd Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1628.5, up 1.86% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.13% on the day, quoting at 11789.1. The Sensex is at 39247.54, up 1.12%. IndusInd Bank Ltd has slipped around 3.26% in last one month.

 

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has slipped around 4.63% in last one month and is currently quoting at 30409.1, up 1.72% on the day. The volume in the stock stood at 29.71 lakh shares today, compared to the daily average of 45.91 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1633.3, up 1.96% on the day. IndusInd Bank Ltd is down 14.96% in last one year as compared to a 11.16% spurt in NIFTY and a 17.73% spurt in the Nifty Bank index.

The PE of the stock is 29.17 based on TTM earnings ending March 19.

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First Published: May 24 2019 | 1:06 PM IST

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