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IndusInd Bank Ltd gains for third straight session

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Capital Market

IndusInd Bank Ltd is quoting at Rs 461.45, up 1.56% on the day as on 12:54 IST on the NSE. The stock is down 68.75% in last one year as compared to a 17.57% slide in NIFTY and a 31.78% slide in the Nifty Bank index.

IndusInd Bank Ltd gained for a third straight session today. The stock is quoting at Rs 461.45, up 1.56% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.27% on the day, quoting at 9316.2. The Sensex is at 31911.89, up 1.49%. IndusInd Bank Ltd has gained around 16.7% in last one month.

 

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has gained around 1.04% in last one month and is currently quoting at 19491.8, up 1.1% on the day. The volume in the stock stood at 173.06 lakh shares today, compared to the daily average of 276.35 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 463.95, up 1.78% on the day. IndusInd Bank Ltd is down 68.75% in last one year as compared to a 17.57% slide in NIFTY and a 31.78% slide in the Nifty Bank index.

The PE of the stock is 7.12 based on TTM earnings ending March 20.

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First Published: May 08 2020 | 1:05 PM IST

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