₹1446.4
0.21%
Low
Day's Volatility:5.23%
High
5.02%
26.34%
Low
52 Weeks Volatility:43.50%
High
17.15%
Returns % | |
1 Month Return | -1.49 % |
3 Month Return | -2.01 % |
1 Year Return | 31.49 % |
Market Stats | |
Previous Close | ₹1,496.10 |
Open | ₹1,511.50 |
Volume | 61.35L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹1,16,444.45Cr |
based on 41 analysts
Based on 41 analysts offering long term price targets for IndusInd Bank Ltd. An average target of ₹1861.05
Source: S&P Global Market Intelligence
Organisation | IndusInd Bank Ltd |
Headquarters | Mumbai |
Industry | Banks |
E-voting on shares | Click here to vote |
Today's Timeline - Invalid Date
01:45 AM
-IndusInd Bank posts 15% YoY rise in consolidated net profit for Q4, declares dividend of Rs 16.50 per equity share for FY24.
09:29 AM
-Motilal Oswal has buy call on IndusInd Bank with a target price of Rs 1850; promoters hold 16.4% stake in the company as of March-end.
03:08 PM
-Prabhudas Lilladher recommends buying IndusInd Bank with a target price of Rs 1800; expects deposit accretion to scale up by 17% YoY.
Key events for IndusInd Bank Ltd
IndusInd Bank's Q4 results show a 15% YoY rise in consolidated net profit, with stable core PPoP and improved NIM. The bank aims to maintain its NIM between 4.2-4.3%. Prabhudas Lilladher recommends buying with a target price of Rs 1800, while Motilal Oswal has a buy call with a target price of Rs 1850.
IndusInd Bank Posts Strong Q4 Earnings - 25 Apr, 2024
IndusInd Bank reports a 15% YoY rise in Q4 net profit to Rs 2,349 crore, driven by growth in advances and improved yield on assets. The bank's gross non-performing asset (NPA) ratio stood at 1.92%, down from 1.98% as of December 31, 2023.
IndusInd Bank Expects Strong Q4 Results; Partners with Invesco - 24 Apr, 2024
IndusInd Bank is expected to report a strong Q4FY24 performance, with analysts predicting an 11% YoY growth in net profit. The bank's loan growth is set to outpace deposit trends, while its margins are expected to remain stable among peers. Additionally, IndusInd International Holdings has announced a partnership with Invesco, acquiring a 60% stake in Invesco Asset Management India.
IndusInd Bank Executes Programmable CBDC Pilot - 23 Apr, 2024
IndusInd Bank becomes the first bank to execute RBI's programmable CBDC pilot, collaborating with Circularity Innovation Hub India. The project aims to benefit farmers by promoting Circularity Credits from recycling agricultural waste.
IndusInd Bank Pilots Programmable Digital Rupee Transactions - 22 Apr, 2024
IndusInd Bank has successfully executed the Reserve Bank of India's programmable central bank digital currency (CBDC) pilot in collaboration with Circularity Innovation Hub India. The private lender is leveraging the programmable version of the RBI's digital currency to enable farmers to exchange their carbon credits directly for e-rupees, marking a pioneering step in incorporating digital currency solutions into agricultural transactions.
IndusInd Bank's Promoter Entity Acquires Stake in Invesco Asset Management - 10 Apr, 2024
IndusInd International Holdings (IIHL), the promoter entity of IndusInd Bank, acquires a 60% stake in Invesco Asset Management through a joint venture with Invesco India Asset Management. Prabhudas Lilladher has a buy call on IndusInd Bank with a target price of Rs 1740.
IndusInd Promoter Acquires Reliance Capital; Forms JV with Invesco Asset Management - 09 Apr, 2024
IndusInd Bank's promoter, IIHL, acquires beleaguered financial services company Reliance Capital and forms a JV with Invesco Asset Management India Ltd.
IndusInd Bank Stock Up on NSE - 08 Apr, 2024
IndusInd Bank Ltd's stock is up by 1.09% on the NSE and has a PE ratio of 13.97 based on TTM earnings ending December 23.
IRDAI Expresses Concerns Over IIHL's Resolution Plan for Reliance Capital - 07 Apr, 2024
The Insurance Regulatory and Development Authority of India (IRDAI) has expressed reservations about the resolution plan submitted by Hinduja Group firm IndusInd International Holdings (IIHL) for debt-ridden Reliance Capital. The regulator sought clarification regarding equity capital that IIHL is willing to put in, as well as its ability to meet future capital requirements of insurance ventures.
IndusInd Bank Advances and Deposits Grow in Q4 - 05 Apr, 2024
IndusInd Bank reported an 18% growth in advances and a 14% rise in deposits for the March quarter. However, the CASA ratio fell slightly to 37.9%. Analysts remain optimistic about the bank's future despite this decline.
IndusInd Bank Reports Strong Q4 Growth - 04 Apr, 2024
IndusInd Bank records an 18% loan growth and a 14% deposit rise in Q4 despite challenges in the retail segment due to regulatory actions on a fintech partner. The bank also plans to expand its digital initiatives.
IndusInd Bank's Promoter Entity Successfully Bids for Reliance Capital - 03 Apr, 2024
IndusInd International Holdings, a promoter entity of IndusInd Bank, has successfully bid for Reliance Capital under the Corporate Insolvency Resolution Process. The resolution plan includes Reliance Securities and other group entities providing insurance and asset reconstruction services.
IndusInd Plans Entry into Mutual Fund Sector; Considers Acquisition of Invesco MF - 02 Apr, 2024
IndusInd International Holdings is planning an entry into the Indian mutual fund sector and has held discussions to acquire a majority stake in Invesco MF. Additionally, Swiggy Instamart has partnered with Park+ to deliver IndusInd Bank FASTags to users in under 10 minutes.
Regulator Seeks Clarification on RCap's CIC Status After IndusInd Acquisition - 28 Mar, 2024
The regulator has sought clarification on whether Reliance Capital will continue to remain a core investment company (CIC) after its acquisition by IndusInd International Holdings. Hinduja Group placed its bid for RCap through IIHL, a group firm.
Fundamentals of IndusInd Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 14.36% to 16.41% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 13 quarters, 830.41 Cr → 2.30K Cr (in ₹), with an average increase of 8.1% per quarter
Retail Holding Up
Retail Investor have increased holdings from 13.22% to 13.60% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 13 quarters, 8.88K Cr → 13.96K Cr (in ₹), with an average increase of 3.7% per quarter
Against Peers
In the last 1 year, State Bank of India has given 43.5% return, outperforming this stock by 12.0%
Against Peers
In the last 3 years, State Bank of India has given 136.0% return, outperforming this stock by 62.0%
Promoter Holding Down
Promoters have decreased holdings from 15.11% to 15.10% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 39.01% to 37.06% in Mar 2024 quarter
Price Dip
In the last 1 month, INDUSINDBK stock has moved down by -1.5%
IndusInd Bank Ltd in the last 5 years
Lowest (4.58x)
March 25, 2020
Today (12.95x)
April 25, 2024
Industry (20.87x)
April 25, 2024
Highest (34.49x)
February 25, 2021
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 15.1% | 0.00 | |
Foreign Institutions | 37.05% | 0.00 | |
Mutual Funds | 16.41% | 0.00 | |
Retail Investors | 13.6% | 0.00 | |
Others | 17.84% | 0.00 |
Technicals of IndusInd Bank Ltd share
News & Events of IndusInd Bank Ltd
News
Cabin crew members and pilots frequently face numerous angry reactions. They encounter passengers upset about long delays or behaving oddly. Recently, SpiceJet’... Read more
23 Apr, 2024 12:48 PMNew Delhi: SpiceJet on Friday said it will lease two wide-body A340 planes for Haj operations and these aircraft will be operated from Srinagar and Guwahati.
24 Apr, 2024 02:28 PMSpiceJet Ltd Share Price, 25-04-2024: Get SpiceJet Ltd latest news on BSE/NSE stock price live updates, SpiceJet Ltd financial results and overview, SpiceJet Lt... Read more
25 Apr, 2024 05:30 PMIndusInd Bank Ltd (INDUSINDBK) share price today is ₹1446.4
IndusInd Bank Ltd is listed on NSE
IndusInd Bank Ltd is listed on BSE
PE Ratio of IndusInd Bank Ltd is 12.95
PE ratio = IndusInd Bank Ltd Market price per share / IndusInd Bank Ltd Earnings per share
Today’s traded volume of IndusInd Bank Ltd(INDUSINDBK) is 61.35L.
Today’s market capitalisation of IndusInd Bank Ltd(INDUSINDBK) is ₹116444.45Cr.
IndusInd Bank Ltd(INDUSINDBK | Price |
---|---|
52 Week High | ₹1694.5 |
52 Week Low | ₹1065.35 |
IndusInd Bank Ltd(INDUSINDBK) share price is ₹1446.4. It is down -14.64% from its 52 Week High price of ₹1694.5
IndusInd Bank Ltd(INDUSINDBK) share price is ₹1446.4. It is up 35.77% from its 52 Week Low price of ₹1065.35
IndusInd Bank Ltd(INDUSINDBK | Returns |
---|---|
1 Day Returns | -49.7% |
1 Month Returns | -1.49% |
3 Month Returns | -2.01% |
1 Year Returns | 31.49% |