IndusInd Bank retracts from record high

Meanwhile, the BSE Sensex was down 25.77 points or 0.13% to 19,461.03.

On BSE, 71,000 shares were traded in the counter as against average daily volume of 82,400 shares in the past one quarter.

The stock hit record high of Rs 430 at the onset of the trading session today, 7 December 2012. The stock hit a low of Rs 412.80 so far during the day. The stock had hit a 52-week low of Rs 221.75 on 2 January 2012.

The large-cap private sector bank has equity capital of Rs 521.91 crore. Face value per share is Rs 10.

It may be recalled that IndusInd Bank had recently raised Rs 2000.64 crore through a qualified institution placement by allotting 5.21 crore shares at Rs 384 per share.

 

IndusInd Bank's net profit rose 29.6% to Rs 250.25 crore on 31.1% growth in total income to Rs 2048.42 crore in Q2 September 2012 over Q2 September 2011.

IndusInd Bank had 441 branches and 796 ATMs spread across 303 geographic locations of the country as on 30 September 2012.

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