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IndusInd Bank Ltd slides more than 4%

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IndusInd Bank Ltd is quoting at Rs 352, down 4.3% on the day as on 13:24 IST on the NSE. The stock tumbled 75.69% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

IndusInd Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 352, down 4.3% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 8945.7. The Sensex is at 30372.19, up 0.58%.IndusInd Bank Ltd has lost around 12.19% in last one month.Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has eased around 9.81% in last one month and is currently quoting at 17486.25, up 0.11% on the day. The volume in the stock stood at 182.68 lakh shares today, compared to the daily average of 259.14 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 352.6, down 4.35% on the day. IndusInd Bank Ltd tumbled 75.69% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

The PE of the stock is 5.77 based on TTM earnings ending March 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 13:36 IST
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