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IndusInd Bank Ltd spurts 5.11%, rises for third straight session

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Capital Market

IndusInd Bank Ltd is quoting at Rs 387.8, up 5.11% on the day as on 12:54 IST on the NSE. The stock is down 75.89% in last one year as compared to a 20.36% fall in NIFTY and a 38.82% fall in the Nifty Bank index.

IndusInd Bank Ltd rose for a third straight session today. The stock is quoting at Rs 387.8, up 5.11% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.41% on the day, quoting at 9446.15. The Sensex is at 32063.77, up 1.45%. IndusInd Bank Ltd has dropped around 17.68% in last one month.

 

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has dropped around 9.22% in last one month and is currently quoting at 18710.55, up 2.33% on the day. The volume in the stock stood at 350.5 lakh shares today, compared to the daily average of 248.2 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 386.25, up 4.56% on the day. IndusInd Bank Ltd is down 75.89% in last one year as compared to a 20.36% fall in NIFTY and a 38.82% fall in the Nifty Bank index.

The PE of the stock is 5.79 based on TTM earnings ending March 20.

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First Published: May 28 2020 | 1:05 PM IST

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