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Thursday, June 24, 2021

Stock market news: IndusInd Bank shares trade flat in early session

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NEW DELHI: Shares of IndusInd Bank Ltd. traded 0.2 per cent down in Monday’s trade at 11:17AM (IST). Around 282383 shares changed hands on the counter. The stock opened at Rs 620.55 and touched an intraday high and low of Rs 624.9 and Rs 607.85, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1672.95 and a 52-week low of Rs 235.55.

Financials

IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 42553.74 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 5098.95 Crore and Net Non Performing Assets (Net NPAs) of Rs 1703.37 Crore.

IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 18256.68 Crore to Sales Value (82.01 per cent of Total Sales), Income From Investment which contributed Rs 3677.34 Crore to Sales Value (16.51 per cent of Total Sales) and Interest which contributed Rs 225.10 Crore to Sales Value (1.01 per cent of Total Sales)for the year ending 31-Mar-2019.

Valuation ratio

It quoted a price-to-earnings ratio of 11.98 and price to book value of 1.38.

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