Monday 23 May 2016

Induslnd Bank ties up with Reliance General Insurance

The scrip opened at Rs. 1060.1 and has touched a high and low of Rs. 1075.4 and Rs. 1060.1 respectively.

Induslnd Bank has announced that it has tied up with Reliance General Insurance for distribution of Insurance Products.

IndusInd BankIndusInd Bank Ltd is currently trading at Rs. 1061.05, down by Rs. 10.4 or 0.97% from its previous closing of Rs. 1071.45 on the BSE.

The scrip opened at Rs. 1060.1 and has touched a high and low of Rs. 1075.4 and Rs. 1060.1 respectively. So far 349056(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 63772.1 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1098.7 on 17-May-2016 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. 1098.7 and Rs. 1058.3 respectively.

The promoters holding in the company stood at 14.9 % while Institutions and Non-Institutions held 54.72 % and 19.51 % respectively.

The stock is currently trading above its 50 DMA.

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