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IndusInd Bank turns flat after Q4 earnings

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Capital Market

IndusInd Bank was flat at Rs 948 at 14:12 IST on BSE after net profit rose 25.05% to Rs 495.27 crore on 19.81% increase in total income to Rs 3,237.43 crore in Q4 March 2015 over Q4 March 2014.

The result was announced during trading hours today, 16 April 2015.

Meanwhile, the BSE Sensex was down 211.23 points, or 0.73%, to 28,588.46.

On BSE, so far 2.87 lakh shares were traded in the counter, compared with an average volume of 80,020 shares in the past one quarter.

The stock hit a high of Rs 960.80 and a low of Rs 935.50 so far during the day. The stock hit a 52-week high of Rs 966.90 yesterday, 15 April 2015. The stock hit a 52-week low of Rs 472 on 5 May 2014.

 

The stock had outperformed the market over the past one month till 15 April 2015, rising 8.32% compared with 1.04% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 14.07% as against Sensex's 2.58% rise.

The large-cap company has an equity capital of Rs 529.53 crore. Face value per share is Rs 10.

IndusInd Bank caters to the needs of both consumer and corporate customers. As on 31 December 2014, IndusInd Bank has 727 branches, and 1,350 ATMs spread across geographical locations of the country. The bank also has representative offices in London, Dubai and Abu Dhabi.

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First Published: Apr 16 2015 | 2:06 PM IST

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