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IndusInd Bank Ltd spurts 4.64%

Capital Market 

IndusInd Bank Ltd is quoting at Rs 1446, up 4.64% on the day as on 12:49 IST on the NSE. The stock is down 3.27% in last one year as compared to a 13.44% spurt in NIFTY and a 20.26% spurt in the Nifty Bank index.

IndusInd Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1446, up 4.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 12007.35. The Sensex is at 40637.96, down 0.04%. IndusInd Bank Ltd has risen around 10.5% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has risen around 7.66% in last one month and is currently quoting at 30633.15, up 1.17% on the day. The volume in the stock stood at 61.13 lakh shares today, compared to the daily average of 54.35 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1443.95, up 4.48% on the day. IndusInd Bank Ltd is down 3.27% in last one year as compared to a 13.44% spurt in NIFTY and a 20.26% spurt in the Nifty Bank index.

The PE of the stock is 23 based on TTM earnings ending September 19.

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

First Published: Fri, November 08 2019. 13:05 IST
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