 "IndusInd Bank rises 6% as promoter buys additional 139,000 shares")
Shares of IndusInd Bank rose 6 per cent to Rs 520 on BSE on Tuesday after the private sector lender said its promoter had acquired additional shares of the bank through open market purchases.
“On June 18, IndusInd International Holdings, one of the promoters of the bank, purchased 139,000 equity shares of the bank for Rs 6.82 crore,” IndusInd Bank said in an exchange filing.
In June, IndusInd International Holdings has bought 1.73 million shares (representing 0.25 per cent of the total equity) worth Rs 85.51 crore of the bank through open market.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%