Tuesday 12 January 2016

IndusInd Bank Q3 net profit rises 30% to Rs. 581 crore

The Bank has posted rise of 29.9% in its net profit of Rs. 581 crore for the quarter ended December 31, 2015 as compared to Rs. 447.2 crore for the quarter ended December 31, 2014.


IndusInd Bank Ltd.
IndusInd Bank Ltd  has reported results for the quarter ended December 31, 2015:

The Bank has posted rise of 29.9% in its net profit of Rs. 581 crore for the quarter ended December 31, 2015 as compared to Rs. 447.2 crore for the quarter ended December 31, 2014.

The bank's total income has increased by 7.54% at Rs. 3,766.7 crore for the quarter against Rs. 3,086 crore in the corresponding quarter of the previous year. 

IndusInd Bank Ltd is currently trading at Rs. 919.25, down by Rs. 18.35 or 1.96% from its previous closing of Rs. 937.6 on the BSE.

The scrip opened at Rs. 937 and has touched a high and low of Rs. 942 and Rs. 915.05 respectively. So far 1129788(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 55660.53 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 988.5 on 31-Jul-2015 and a 52 week low of Rs. 784.45 on 12-Jun-2015. Last one week high and low of the scrip stood at Rs. 952 and Rs. 922 respectively.

The promoters holding in the company stood at 14.98 % while Institutions and Non-Institutions held 53.8 % and 20.3 % respectively.

The stock is currently trading above its 50 DMA.

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