Indusind Bank creates new 52 week high on reporting 73% rise in Q2 consolidated net profit
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IndusInd Bank is currently trading at Rs. 1197.65, up by 55.80 points or 4.89% from its previous closing of Rs. 1141.85 on the BSE.
The scrip opened at Rs. 1169.00 and has touched a high and low of Rs. 1241.85 and Rs. 1169.00 respectively. So far 521732 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,241.85 on 28-Oct-2021 and a 52 week low of Rs. 571.10 on 29-Oct-2020.
Last one week high and low of the scrip stood at Rs. 1241.85 and Rs. 1122.00 respectively. The current market cap of the company is Rs. 92146.52 crore.
The promoters holding in the company stood at 16.54%, while Institutions and Non-Institutions held 70.41% and 13.05% respectively.
Indusind Bank has reported 72.10% rise in its net profit at Rs 1113.53 crore for the quarter ended September 30, 2021 as compared to net profit of Rs 647.04 crore for the same quarter in the previous year. Total income of the bank increased by 8.66% at Rs 9487.56 crore for Q2FY22 as compared Rs 8731.05 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 72.94% rise in its net profit at Rs 1146.73 crore for the quarter ended September 30, 2021 as against net profit of Rs 663.08 crore for the same quarter in the previous year. Total income of the bank increased by 8.66% at Rs 9488.06 crore for Q2FY22 as compared Rs 8731.52 crore for the corresponding quarter previous year.
