IndusInd Bank turns volatile after Q2 results

IndusInd Bank lost 0.99% to Rs 936.35 at 14:38 IST on BSE after net profit rose 30.18% to Rs 560.04 crore on 20.47% growth in total income to Rs 3581.31 crore in Q2 September 2015 over Q2 September 2014.

The Q2 result was announced during market hours today, 9 October 2015.

Meanwhile, the S&P BSE Sensex was up 200.33 points or 0.75% at 27,046.14.

On BSE, so far 3.90 lakh shares were traded in the counter as against average daily volume of 1.06 lakh shares in the past one quarter.

The stock was volatile. The stock lost as much as 1.04% at the day's low of Rs 935.90 so far during the day. The stock rose as much as 1.26% at the day's high of Rs 957.70 so far during the day. The stock had hit a record high of Rs 988.50 on 31 July 2015. The stock had hit a 52-week low of Rs 594.50 on 8 October 2014.

The stock had outperformed the market over the past one month till 8 October 2015, surging 12.49% compared with Sensex's 6.04% rise. The scrip had also outperformed the market in past one quarter, jumping 5.92% as against Sensex's 3.04% fall.

The large-cap company has equity capital of Rs 592.21 crore. Face value per share is Rs 10.

IndusInd Bank is a leading private sector bank in India.

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