IndusInd Bank gains on collaborating with London Stock Exchange Group
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IndusInd Bank is currently trading at Rs. 1385.00, up by 13.65 points or 1.00% from its previous closing of Rs. 1371.35 on the BSE.
The scrip opened at Rs. 1372.05 and has touched a high and low of Rs. 1391.15 and Rs. 1366.85 respectively. So far 59286 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1413.55 on 05-Jul-2023 and a 52 week low of Rs. 789.75 on 13-Jul-2022.
Last one week high and low of the scrip stood at Rs. 1392.00 and Rs. 1345.55 respectively. The current market cap of the company is Rs. 107479.17 crore.
The promoters holding in the company stood at 16.49%, while Institutions and Non-Institutions held 68.92% and 14.58% respectively.
IndusInd Bank and London Stock Exchange Group (LSEG) have collaborated to support the private sector lender's digital transformation strategy. As part of the agreement, the bank will gain access to LSEG's comprehensive data offerings and workflow solutions. This will help financial professionals at the lender to collaborate and provide insights utilising LSEG's real-time news, data, and robust analytics.
Moreover, the integration of LSEG's electronic trading solutions will digitise the trading workflow, providing scalability, flexibility, and seamless integration capabilities; enhancing operational efficiency and streamlining the trading process. LSEG is a leading global financial markets infrastructure and data provider.
IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
