Category: IndusInd Bank

Story continues below Advertisement

Sharekhan’s research report on IndusInd Bank
IndusInd Bank (IIB) reported in-line performance with 17% y-o-y earnings growth, led by 9% y-o-y operating profit growth and a 12% y-o-y decline in provisions with RoA at 1.9%. NIMs were stable q-o-q at 4.3%. Repricing of loans along with the incremental loan mix skewed towards higher-yielding retail assets supported NIM despite increased COF, led by higher cost of deposits. Headline asset-quality ratios were stable q-o-q despite higher slippages (2.6% vs 2.3% q-o-q…
Read More…

Source: https://www.moneycontrol.com/news/business/stocks/buy-indusind-bank-target-of-rs-1850-sharekhan-3-12088651.html/amp

19 Jan 2024, 06:36 PM IST
Indusind Bank share price Live :Indusind Bank closed today at ₹1560.85, down -3.24% from yesterday’s ₹1613.15
Indusind Bank’s stock closed at ₹1560.85 today, which represents a decrease of 3.24% from the previous day’s closing price of ₹1613.15. The net change in the stock price is -52.3.

19 Jan 2024, 06:23 PM IST
Indusind Bank share price live: Stock Peers

19 Jan 2024, 05:45 PM IST
Indusind Bank share price live: Today’s Price range
The current day’s low price of Indusind Bank stock…
Read More…

Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-live-blog-for-19-jan-2024/amp-11705631403190.html

10:05 AMComment :: ‘Retail strength supporting broader markets’An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs.FPIs have sold equity massively for Rs 20,480 crores during the last two days. This is partly in response to the rising bond yields in the US where the 10-year yield has risen to 4.16% and partly due to the high valuation in the Indian stock market.Since the largest chunk of FII AUM is in banks, they have been selling in banks, mainly HDFC bank.Investors should remember that in the tug of war between FIIs and DIIs in recent years, DIIs always won in the medium to long-term even though FII selling…
Read More…

Source: https://www.business-standard.com/amp/markets/news/stock-market-live-updates-today-jan-19-nse-bse-sensex-nifty-gift-nifty-ril-hul-q3-results-124011900085_1.html

11:55:36 PM IST, 18 January 2024Volume Updates: IndusInd Bank Witnesses Surge in Trading Volume, Today’s Volume Reaches 6.68M UnitsIndusInd Bank has experienced a significant increase in trading volume, with today’s volume reaching 6,683,398 units. This is considerably higher than the 7-day average volume of 3,001,228.80 units.06:01:02 PM IST, 18 January 2024IndusInd Bank Share Price Updates: IndusInd Bank Stock Price History04:43:51 PM IST, 18 January 2024Announcements Updates: Announcement under Regulation 30 (LODR)-Investor PresentationInvestor Presentation on Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2023View…
Read More…

Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/indusind-bank-share-price-live-updates-18-jan-2024/amp_liveblog/106942689.cms

18 Jan 2024, 06:51 PM IST
Indusind Bank share price Live :Indusind Bank closed today at ₹1608.45, down -2.1% from yesterday’s ₹1643
Indusind Bank stock closed at ₹1608.45 today, reflecting a decrease of 2.1% compared to the previous day’s closing price of ₹1643. The net change for the day was -34.55.

18 Jan 2024, 06:32 PM IST
Indusind Bank share price live: Stock Peers

18 Jan 2024, 05:42 PM IST
Indusind Bank share price live: Today’s Price range
Indusind Bank stock’s low price for the day was ₹1595, while…
Read More…

Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-live-blog-for-18-jan-2024/amp-11705545941639.html

After disappointment with HDFC Bank performance, IndusInd Bank will be in focus ahead of earnings.

The December quarter’s performance by Banks generally was being expected to be in line with the trend seen during the first half FY24.

Trends in operating profit growth was being expected to be weak, though analysts had expected earnings growth to have support from lower provisions. The provisional business data…
Read More…

Source: https://www.livemint.com/market/indusind-bank-q3-result-preview-loan-growth-expected-to-remain-healthy-deposit-traction-remains-to-be-watched-for/amp-11705552097798.html

Story continues below Advertisement

IndusInd Bank is likely to report 17 percent year-on-year (YoY) rise in net interest income (NII) in the October-December quarter (Q3FY23-24) led by strong credit growth, said analysts. Profit, too, is seen to be growing by 16.5 percent YoY, aided by healthy income and margin improvement. The private sector lender will report Q3 results on January 18.
According to an average estimate of five brokerages, IndusInd Bank’s NII is projected to grow to Rs 5,251 crore in Q3FY23-24 compared to Rs 4,495 crore in…
Read More…

Source: https://www.moneycontrol.com/news/business/markets/indusind-bank-q3-preview-profit-may-grow-16-yoy-on-healthy-interest-income-margins-seen-steady-12071341.html/amp

06:00:21 PM IST, 17 January 2024IndusInd Bank Share Price Updates: IndusInd Bank Stock Price History04:01:52 PM IST, 17 January 2024IndusInd Bank Share Price Updates: IndusInd Bank Bonus Updates03:31:29 PM IST, 17 January 2024IndusInd Bank Share Price Updates: IndusInd Bank Closes at Rs 1642.0, Registers 1.51% DeclineIndusInd Bank ended the trading day at a closing price of Rs 1642.0, reflecting a decrease of 1.51% compared to the previous day.03:15:48 PM IST, 17 January 2024IndusInd Bank Share Price Updates: IndusInd Bank Sees 1.35% Decline in Current Price, EMA7 at Rs 1657.9The current price of IndusInd Bank is Rs 1644.55, showing a decrease of 1.35% today. The 7-day Exponential…
Read More…

Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/indusind-bank-share-price-live-updates-17-jan-2024/amp_liveblog/106912580.cms

Indusind Bank Share Price Today : On the last day, Indusind Bank opened at ₹1687.15 and closed at ₹1688.8. The stock had a high of ₹1692 and a low of ₹1663.2. The market capitalization of the bank is ₹129,647.95 crore. The 52-week high for the stock is ₹1694.35 and the 52-week low is ₹990.25. The BSE volume for the day was 24,476 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

17 Jan 2024, 11:21 AM IST
Indusind Bank share price update :Indusind Bank trading at ₹1652.85, down -0.85% from yesterday’s ₹1667
The current stock price of…
Read More…

Source: https://www.livemint.com/market/live-blog/indusind-bank-share-price-live-blog-for-17-jan-2024/amp-11705459098945.html

After 5 straight months of positive returns in the stock (including January so far), many brokerage houses expect private sector lender IndusInd Bank to continue its upward trend going forward. The bank’s commendable asset quality, successful attainment of targeted business parameters, a thriving momentum in retail growth, and a robust outlook for future expansion are some key reasons behind the continued rise.

The stock has risen over 4 percent just in January, extending gains for the fifth…
Read More…

Source: https://www.livemint.com/market/stock-market-news/indusind-bank-share-price-gained-23-in-less-than-5-months-is-there-more-upside-left-heres-what-brokerages-say/amp-11705399351294.html