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Valuations in small caps segment approaching risky levels, say analysts An unhealthy trend in the market is the sustained rise in the prices of many small-and micro-cap stocks, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. This is partly aided by the sustained flow of funds into the small-cap segment. Valuations in the segment are approaching risky levels. Safety is now in large-caps, he added. The market is delicately poised waiting for triggers. The transient role of sentiments was evident on Thursday when the market cou...
Valuations in small caps segment approaching risky levels, say analysts
Valuations in small caps segment approaching risky levels, say analysts
Source: IANS
25/08/2023 11:30:58 AM
Near term market outlook turns positive The near-term market outlook has turned distinctly positive with the US economy’s soft landing narrative lifting sentiments globally and Chandrayaan-3's successful soft landing on the moon boosting sentiments in India, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Weakening US economic data, particularly the decline in the US manufacturing PMI from 49 to 47, has led to sharp decline in the US 10-year bond yield by 14 bp to 4.19 per cent. This mi...
Near term market outlook turns positive
Near term market outlook turns positive
Source: IANS
24/08/2023 11:40:19 AM
IndusInd Bank rises on launching `IndusInd Bank Avios Visa Infinite Credit Card` IndusInd Bank is currently trading at Rs. 1386.75, up by 5.70 points or 0.41% from its previous closing of Rs. 1381.05 on the BSE. The scrip opened at Rs. 1372.10 and has touched a high and low of Rs. 1388.40 and Rs. 1372.10 respectively. So far 10983 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1446.35 on 25-Jul-2023 and a 52 week low of Rs. 990.25 on 1-Feb-2023. Last one week high and low of the scrip stoo...
IndusInd Bank rises on launching `IndusInd Bank Avios Visa Infinite Credit Card`
IndusInd Bank rises on launching `IndusInd Bank Avios Visa Infinite Credit Card`
Source: Accord Fintech
17/08/2023 11:21:43 AM
Sensex, Nifty scale new heights The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks. The Sensex of the BSE after opening at a subdued note at 67,074.34, flared up to touch a new all time height 67,385.52 points. At the BSE, the shares of Maruti Suzuki, ITC, Sun Pharmaceuticals, Kotak Bank, Reliance Industries, Tata Steel, IndusInd Bank and others saw an uptrend, while NTPC, Nestle, Axis Bank, Wipro, Bajaj Finance and others were on the down trend. Similarly, the Nifty of the NSE to...
Sensex, Nifty scale new heights
Sensex, Nifty scale new heights
Source: IANS
20/07/2023 3:45:08 PM
IndusInd Bank soars on reporting 30% rise in Q1 consolidated net profit IndusInd Bank is currently trading at Rs. 1428.15, up by 37.85 points or 2.72% from its previous closing of Rs. 1390.30 on the BSE. The scrip opened at Rs. 1442.00 and has touched a high and low of Rs. 1443.35 and Rs. 1424.35 respectively. So far 92634 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,443.35 on 19-Jul-2023 and a 52 week low of Rs. 840.00 on 19-Jul-2022. Last one week high and low of the scrip s...
IndusInd Bank soars on reporting 30% rise in Q1 consolidated net profit
IndusInd Bank soars on reporting 30% rise in Q1 consolidated net profit
Source: Accord Fintech
19/07/2023 9:40:15 AM
IndusInd Bank posts Rs 2,123 crore net for Q1   Higher income and lower provisions enabled IndusInd Bank Ltd to close the first quarter of FY24 with a net profit of Rs 2,123.62 crore. However, the bank’s gross and net non-performing assets (NPA) numbers saw an increase during the period under review as compared to the previous year's corresponding period. In a regulatory filing, the private bank said it closed Q1FY24 with a net profit of Rs 2,123.62 crore and a total income of Rs 12,939.42 crore up from Rs 1,603.2...
IndusInd Bank posts Rs 2,123 crore net for Q1
IndusInd Bank posts Rs 2,123 crore net for Q1
Source: IANS
18/07/2023 5:50:05 PM
IndusInd Bank gains on collaborating with London Stock Exchange Group 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 st...
IndusInd Bank gains on collaborating with London Stock Exchange Group
IndusInd Bank gains on collaborating with London Stock Exchange Group
Source: Accord Fintech
13/07/2023 12:42:09 PM
IndusInd Bank shines on reporting 21% rise in net advances during Q1FY24 IndusInd Bank is currently trading at Rs. 1407.00, up by 39.65 points or 2.90% from its previous closing of Rs. 1367.35 on the BSE. The scrip opened at Rs. 1370.00 and has touched a high and low of Rs. 1410.25 and Rs. 1370.00 respectively. So far 67658 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,410.25 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 s...
IndusInd Bank shines on reporting 21% rise in net advances during Q1FY24
IndusInd Bank shines on reporting 21% rise in net advances during Q1FY24
Source: Accord Fintech
5/07/2023 10:41:57 AM
Hinduja Group to get RBI`s nod to hike stakes to 26% in IndusInd Bank The Hinduja group, the promoter of the IndusInd Bank, is expected to get the Reserve Bank of India’s (RBI) nod to hike their stakes by 9.5 per cent to 26 per cent, it is reliably learnt. According to the sources close to the Hinduja group, the RBI is expected to give its formal clearance to the group for stake hike.  At an analyst conference, the IndusInd Bank management had said the promoters have applied to RBI for a stake hike.  Currently two companies – Indu...
Hinduja Group to get RBI`s nod to hike stakes to 26% in IndusInd Bank
Hinduja Group to get RBI`s nod to hike stakes to 26% in IndusInd Bank
Source: IANS
27/06/2023 10:06:47 AM
IndusInd Bank trades higher on entering into partnership with Wise IndusInd Bank is currently trading at Rs. 1306.45, up by 9.40 points or 0.72% from its previous closing of Rs. 1297.05 on the BSE. The scrip opened at Rs. 1290.10 and has touched a high and low of Rs. 1307.95 and Rs. 1290.10 respectively. So far 25386 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1342.65 on 13-Jun-2023 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank trades higher on entering into partnership with Wise
IndusInd Bank trades higher on entering into partnership with Wise
Source: Accord Fintech
16/06/2023 3:15:26 PM
IndusInd Bank gains on partnering with Bajaj Markets IndusInd Bank is currently trading at Rs. 1289.25, up by 4.60 points or 0.36% from its previous closing of Rs. 1284.65 on the BSE. The scrip opened at Rs. 1289.90 and has touched a high and low of Rs. 1293.40 and Rs. 1276.50 respectively. So far 47331 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1295.00 on 29-May-2023 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank gains on partnering with Bajaj Markets
IndusInd Bank gains on partnering with Bajaj Markets
Source: Accord Fintech
30/05/2023 3:06:29 PM
Hinduja group offers to infuse Rs 300 crore in Reliance General Insurance The Hinduja group has made an offer to invest an additional Rs 300 crore in Reliance General Insurance. Reliance General Insurance, a unit of Reliance Capital, needs cash infusion to maintain solvency levels. IndusInd International Holdings Ltd (IIHL), which is owned by Hinduja, made the highest bid of Rs 9,650 crore for Reliance Capital in a second auction on Wednesday. Reliance General Insurance had sought Rs 600 crore cash infusion from lenders in December last year to meet solven...
Hinduja group offers to infuse Rs 300 crore in Reliance General Insurance
Hinduja group offers to infuse Rs 300 crore in Reliance General Insurance
Source: IANS
27/04/2023 5:43:33 PM
IndusInd Bank jumps on reporting 46% rise in Q4 consolidated net profit IndusInd Bank is currently trading at Rs. 1119.90, up by 17.85 points or 1.62% from its previous closing of Rs. 1102.05 on the BSE. The scrip opened at Rs. 1118.00 and has touched a high and low of Rs. 1127.00 and Rs. 1113.05 respectively. So far 127414 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1275.25 on 20-Sep-2022 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip s...
IndusInd Bank jumps on reporting 46% rise in Q4 consolidated net profit
IndusInd Bank jumps on reporting 46% rise in Q4 consolidated net profit
Source: Accord Fintech
25/04/2023 12:20:56 PM
IndusInd Bank gains on inking pact with Japan Bank for International Cooperation IndusInd Bank is currently trading at Rs. 1122.00, up by 2.05 points or 0.18% from its previous closing of Rs. 1119.95 on the BSE. The scrip opened at Rs. 1112.20 and has touched a high and low of Rs. 1131.55 and Rs. 1112.20 respectively. So far 30069 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1275.25 on 20-Sep-2022 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank gains on inking pact with Japan Bank for International Cooperation
IndusInd Bank gains on inking pact with Japan Bank for International Cooperation
Source: Accord Fintech
20/04/2023 2:02:50 PM
Pamper the women in your life with gifts from Apple and other big brands at Vijay Sales` Women`s Day Sale Women's Day is quickly approaching, and what better way to make them feel special than by letting them indulge in some mind-blowing shopping therapy. To make this occasion extra special, Vijay Sales, the leading consumer retail company has rolled out a fantastic Women’s Day sale across its 120+ physical stores and their website www.vijaysales.com. Customers can get hefty discounts on Apple products and across a wide range of categories like smart wearables, tablets, smart phone...
Pamper the women in your life with gifts from Apple and other big brands at Vijay Sales` Women`s Day Sale
Pamper the women in your life with gifts from Apple and other big brands at Vijay Sales` Women`s Day Sale
Source: PR Agency
6/03/2023 3:15:46 PM
Buy IndusInd Bank 780 PE for Target Rs. 1,420 - ICICI Securities Delivering on the guided path; credit growth of >18%, RoA at 1.87%, RoE of >15% IndusInd Bank (IIB) has reported 1.87% RoA and >15% RoE in Q3FY23, thereby improving visibility of it being able to deliver >5% PPoP/loans, 1.9% RoAs and 16% RoEs by FY24E. Maintain BUY with target price unchanged at Rs1,420 (1.8x FY24E book). Key risks: 1) Higher opex towards franchise investment, 2) credit cost not normalising soon. What surprised positively * Despite flat MFI portfolio, acc...
Buy IndusInd Bank 780 PE for Target Rs. 1,420 - ICICI Securities
Buy IndusInd Bank 780 PE for Target Rs. 1,420 - ICICI Securities
Source: ICICI Securities Ltd
4/03/2023 12:09:15 PM
Indian PSBs well positioned to provide credit in the range of USD 60 bn to USD 100 bn According to Lotusdew Wealth, a smallcase manager, the public sector banks have the liquidity capacity to provide credit value at USD 100 billion. As of March 2022, cash and balances with RBI for Public Sector Banks are at USD 70 billion (Rs. 6.22 lakh cr.) when compared to USD 60 billion (Rs. 5.4 lakh cr.) as of March 2021. For Private Banks, cash and balances with RBI stood at USD 45 billion (Rs. 3.93 lakh cr. ) vs USD 35 billion (Rs. 2.9 lakh cr.) (YoY). This indicates that cash and balanc...
Indian PSBs well positioned to provide credit in the range of USD 60 bn to USD 100 bn
Indian PSBs well positioned to provide credit in the range of USD 60 bn to USD 100 bn
Source: PR Agency
21/02/2023 3:01:08 PM
India central bank's new proposal on loan loss provisions to raise bank capital needs The Indian central bank's discussion paper suggesting banks make provisions on bad loans using an expected credit loss (ECL) method could raise capital requirements for lenders, analysts said. On Monday evening, the Reserve Bank of India released the paper proposing a shift away from the current method - where loan loss provisions are made after a default - to one where banks will need to assess the probability of default upfront and provision accordingly. The potential impact of a ...
India central bank's new proposal on loan loss provisions to raise bank capital needs
India central bank's new proposal on loan loss provisions to raise bank capital needs
Source: Reuters
17/01/2023 9:42:12 AM
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out The IIHL (Hinduja Group) and Torrent are in the final race for Reliance Capital resolution process. IIHL, a part of Hinduja Group, is the highest bidder with a bid value of Rs 10,000 crore which includes an upfront cash offer of Rs 9,000 crore. In comparison, the value of Torrent's resolution plan is Rs 8,640 crore, which the company bid at the Challenge Mechanism conducted by the COC on December 21, 2022. Hinduja is one of the leading conglomerates with presence in multiple sect...
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out
`David` Torrent in battle with `Goliath` Hindujas for Reliance Capital buy out
Source: IANS
16/01/2023 9:21:14 AM
Top Investment Ideas For January 2023 By Motilal Oswal Financial Services Top Investment Ideas: Cement/Realty Ultratech Cement: Steady expansion paves the way for industry leading growth Key Rationales * Cement demand is expected to pick up post the festive season and volume growth should be in double-digits in FY23/24. Prices should improve going forward to mitigate the impact of sustained cost pressures. * UTCEM is expanding grinding capacity domestically to 131mtpa/154mtpa by FY23E/FY25-26E, offering strong growth visibility. We expect sales volume ...
Top Investment Ideas For January 2023 By Motilal Oswal Financial Services
Top Investment Ideas For January 2023 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
9/01/2023 3:13:34 PM
IndusInd Bank gains on tying -up with SV Credit Line IndusInd Bank is currently trading at Rs. 1209.60, up by 18.00 points or 1.51% from its previous closing of Rs. 1191.60 on the BSE. The scrip opened at Rs. 1198.95 and has touched a high and low of Rs. 1215.95 and Rs. 1196.60 respectively. So far 130024 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1275.25 on 20-Sep-2022 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip s...
IndusInd Bank gains on tying -up with SV Credit Line
IndusInd Bank gains on tying -up with SV Credit Line
Source: Accord Fintech
9/12/2022 11:14:49 AM
IndusInd Bank : Credit growth to pick up, earnings outlook strong; retaining a Buy Says Anand Rathi Shares and Stock Brokers Credit growth to pick up, earnings outlook strong; retaining a Buy Indusind Bank’s Q2 FY23 profitability improved, with a 1.78% RoA (up 49bps y/y) and better asset quality. Key positives were 1) strong disbursements in the MFI and VF books, 2) strong retail deposit growth, 3) sturdy balance sheet with 72% coverage and a Rs26bn provision buffer (1.1% of loans) and 4) strong liquidity and capitalisation. With credit growth picking up and moderating credit costs, earnings are expected t...
IndusInd Bank : Credit growth to pick up, earnings outlook strong; retaining a Buy Says Anand Rathi Shares and Stock Brokers
IndusInd Bank : Credit growth to pick up, earnings outlook strong; retaining a Buy Says Anand Rathi Shares and Stock Brokers
Source: Anand Rathi Shares and Stock Brokers Ltd
4/12/2022 9:26:26 AM
IndusInd Bank gains on inking pact with Department of Panchayati Raj-Government of Uttarakhand IndusInd Bank is currently trading at Rs. 1145.50, up by 1.65 points or 0.14% from its previous closing of Rs. 1143.85 on the BSE. The scrip opened at Rs. 1141.00 and has touched a high and low of Rs. 1149.00 and Rs. 1138.25 respectively. So far 12172 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1275.25 on 20-Sep-2022 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank gains on inking pact with Department of Panchayati Raj-Government of Uttarakhand
IndusInd Bank gains on inking pact with Department of Panchayati Raj-Government of Uttarakhand
Source: Accord Fintech
17/11/2022 1:00:43 PM
Indian bank stocks` record rally to continue as balance sheets strengthen Stocks of Indian lenders have rallied this year to touch a record high on Wednesday and analysts believe the party is likely to continue as banks issued robust earnings reports for the latest quarter. The Nifty public sector bank index has jumped about 50% so far this year and the bank index has risen roughly 17%, handily outperforming the benchmark Nifty 50 index's approximately 4% gain. This comes at a time when credit growth is at a multi-year high and bad loans across lenders ha...
Indian bank stocks` record rally to continue as balance sheets strengthen
Indian bank stocks` record rally to continue as balance sheets strengthen
Source: Reuters
10/11/2022 2:08:15 PM
India banks reliance on bulk deposits rises amid strong credit growth, tight liquidity Indian banks may rely more on raising funds through certificates of deposits for the rest of the year, as credit demand remains strong and inflows from retail deposits lag, leading to tighter liquidity in the banking system, analysts said. Banks have raised over 3.51 trillion Indian rupees($42.41 billion) through certificate of deposits (CDs)in April-October, 22% higher than the 2.87 trillion rupees raised in 2021-2022, data from Prime Database showed. Mutual funds are the biggest buyers o...
India banks reliance on bulk deposits rises amid strong credit growth, tight liquidity
India banks reliance on bulk deposits rises amid strong credit growth, tight liquidity
Source: Reuters
3/11/2022 4:12:37 PM
IndusInd Bank gains on inking pact with Kinetic Green IndusInd Bank is currently trading at Rs. 1145.35, up by 8.55 points or 0.75% from its previous closing of Rs. 1136.80 on the BSE. The scrip opened at Rs. 1141.10 and has touched a high and low of Rs. 1153.00 and Rs. 1141.10 respectively. So far 31816 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1275.25 on 20-Sep-2022 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank gains on inking pact with Kinetic Green
IndusInd Bank gains on inking pact with Kinetic Green
Source: Accord Fintech
27/10/2022 2:05:10 PM
Reliance Capital binding bids submission deadline extended to Nov 20  Reliance Capital Committee of Creditors (COC) has decided to extend the date of submitting the binding bids from October 31 to November 20. This extension has been granted in view of NCLT recently approving a 90 days extension for the completion of the overall resolution process, by January 21, 2023. The earlier date was November 1 this year. According to sources, voting on the final bids by the COC will take place in December. The date of filing the final Resolution Plan with ...
Reliance Capital binding bids submission deadline extended to Nov 20
Reliance Capital binding bids submission deadline extended to Nov 20
Source: IANS
21/10/2022 1:53:13 PM
India`s IndusInd Bank reports bigger-than-expected Q2 profit Indian private lender IndusInd Bank reported a bigger-than-expected jump in second-quarter profit on Wednesday, lifted by strong loan growth and a drop in provisions for bad loans. The company's standalone profit, which excludes results of unit Bharat Financial Inclusion, jumped 60.5% to 17.87 billion Indian rupees ($215.2 million) in the three months ended Sept. 30. Analysts were expecting a profit of 17.42 billion rupees, according to Refinitiv IBES data. Provisions dropped 33%...
India`s IndusInd Bank reports bigger-than-expected Q2 profit
India`s IndusInd Bank reports bigger-than-expected Q2 profit
Source: Reuters
19/10/2022 5:30:54 PM
Reliance Capital bidders seek extension of time for submission of binding bids Reliance Capital bidders have sought an extension of time for submission of binding bids. According to sources, Piramal Finance has sought extension by 12 weeks, while Advent has sought time till January 30, 2023, i.e., 16 weeks extension for submission of binding bid, as the company has not yet done due diligence. There are other bidders also who have sought a similar extension of timeline for filing of binding bids. IndusInd has sought 10 weeks extension, Oaktree has asked for 12 weeks a...
Reliance Capital bidders seek extension of time for submission of binding bids
Reliance Capital bidders seek extension of time for submission of binding bids
Source: IANS
11/09/2022 2:18:40 PM
IndusInd Bank surges on launching two digital banking units IndusInd Bank is currently trading at Rs. 1066.15, up by 8.10 points or 0.77% from its previous closing of Rs. 1058.05 on the BSE. The scrip opened at Rs. 1039.00 and has touched a high and low of Rs. 1067.00 and Rs. 1034.85 respectively. So far 74784 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip sto...
IndusInd Bank surges on launching two digital banking units
IndusInd Bank surges on launching two digital banking units
Source: Accord Fintech
23/08/2022 3:46:08 PM
IndusInd Bank trades higher on selling shares of Birla Tyres IndusInd Bank is currently trading at Rs. 1091.30, up by 7.05 points or 0.65% from its previous closing of Rs. 1084.25 on the BSE. The scrip opened at Rs. 1081.00 and has touched a high and low of Rs. 1095.20 and Rs. 1081.00 respectively. So far 8612 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip stoo...
IndusInd Bank trades higher on selling shares of Birla Tyres
IndusInd Bank trades higher on selling shares of Birla Tyres
Source: Accord Fintech
17/08/2022 10:41:55 AM
IndusInd Bank board approves raising Rs 20,000 cr The private lender said its board has approved a proposal to raise Rs 20,000 crore in debt to fund business growth. The bank's board on 18 July 2022 approved the proposal of raising funds through debt securities in any permitted mode on a private placement basis as may be decided, for an aggregate amount not exceeding Rs 20,000 crore or its equivalent amount in such foreign currencies as may be necessary subject to approval of the members of the bank and receipt of other governmental/regu...
IndusInd Bank board approves raising Rs 20,000 cr
IndusInd Bank board approves raising Rs 20,000 cr
Source: Dion Global Solutions Ltd
19/07/2022 11:43:37 AM
Key News - Bajaj Healthcare, Oppo India, LIC, IndusInd Bank, NTPC, Nissan By ARETE Securities Key News Bajaj Healthcare forays into highly-regulated opiate processing business Bajaj Healthcare on Wednesday said it has forayed into the highly regulated opiate processing business. The company said it has received two orders from the central government to produce active pharmaceutical ingredients (API) from poppy capsules and other derivatives on an annual basis. It plans to execute both these tenders from its API manufacturing unit located at Savli, Gujarat.   Chinese ...
Key News - Bajaj Healthcare, Oppo India, LIC, IndusInd Bank, NTPC, Nissan By ARETE Securities
Key News - Bajaj Healthcare, Oppo India, LIC, IndusInd Bank, NTPC, Nissan By ARETE Securities
Source: ARETE Securities Ltd
14/07/2022 9:37:13 AM
IndusInd Bank soars on entering into strategic partnership with MoEngage IndusInd Bank is currently trading at Rs. 832.55, up by 8.60 points or 1.04% from its previous closing of Rs. 823.95 on the BSE. The scrip opened at Rs. 826.50 and has touched a high and low of Rs. 834.55 and Rs. 826.50 respectively. So far 21559 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022. Last one week high and low of the scrip stood at...
IndusInd Bank soars on entering into strategic partnership with MoEngage
IndusInd Bank soars on entering into strategic partnership with MoEngage
Source: Accord Fintech
6/07/2022 1:38:21 PM
RBI imposes penalty of Rs 1 crore on IndusInd Bank Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the IndusInd Bank. RBI has imposed penalty for failure in restricting transactions to the stipulated limits in accounts opened using OTP based e-KYC, in non-face-to-face mode.  IndusInd Bank is one of the fastest-growing banks in the banking sector in India.
RBI imposes penalty of Rs 1 crore on IndusInd Bank
RBI imposes penalty of Rs 1 crore on IndusInd Bank
Source: Accord Fintech
5/07/2022 10:20:13 AM
IndusInd Bank`s deposits up 13% in Q1FY23 IndusInd Bank’s deposits grew 13% to Rs 3,03,094 crore as of June 30, 2022 (Q1FY23), as compared to Rs 2,67,630 crore on a yearly basis. On a quarterly basis, the deposits were up 3% from Rs 2,93,681 crore as of March 2022. Net Advance stood at Rs 2,49,541 crore as of June 30, 2022, posting a 18% rise in year-on-year (YoY) terms against Rs 2,10,727 crore as of June 30, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 2,39,052 crore in March 2022. CASA Ratio stood at 43.2% as of...
IndusInd Bank`s deposits up 13% in Q1FY23
IndusInd Bank`s deposits up 13% in Q1FY23
Source: Accord Fintech
4/07/2022 12:42:20 PM
Buy IndusInd Bank 780 PE for Target Rs.28 - Religare Broking Derivative Ideas INDUSINDBK shed 2.83% and closed at 784.05 on 20th June. Broadly the stock has been witnessing pressure after finding resistance at 1000 levels. Now the stock has given a fresh breakdown from the neckline of H&S chart pattern at 840 levels. With every downtick in price, the stock saw good addition of OI suggesting Fresh Shorts in its FUTS. The chart indicators pointing towards the fall accelerating further. We thus suggest creating Shorts as per the given levels. St...
Buy IndusInd Bank 780 PE for Target Rs.28 - Religare Broking
Buy IndusInd Bank 780 PE for Target Rs.28 - Religare Broking
Source: Religare Broking Ltd
21/06/2022 9:11:39 AM
Stock Picks - Ashok Leyland Ltd and IndusInd Bank​​​​​​​ Ltd By ICICI Direct Ashok Leyland Ltd Buy Ashok Leyland Ltd @ 132.50-133.50 CMP 133.55 Stop Loss 131.40 Target 134.50/136.00   IndusInd Bank Ltd Sell IndusInd Bank Ltd @ 846.00-848.00 CMP 846.65 Stop Loss 854.30 Target 840.10/833.00       To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Above views are of the auth...
Stock Picks - Ashok Leyland Ltd and IndusInd Bank​​​​​​​ Ltd By ICICI Direct
Stock Picks - Ashok Leyland Ltd and IndusInd Bank​​​​​​​ Ltd By ICICI Direct
Source: ICICI Direct
15/06/2022 11:00:49 AM
IndusInd Bank trades in green on the BSE IndusInd Bank is currently trading at Rs. 971.00, up by 3.35 points or 0.35% from its previous closing of Rs. 967.65 on the BSE. The scrip opened at Rs. 963.00 and has touched a high and low of Rs. 987.00 and Rs. 962.00 respectively. So far 92359 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 811.10 on 19-Apr-2021. Last one week high and low of the scrip stood at...
IndusInd Bank trades in green on the BSE
IndusInd Bank trades in green on the BSE
Source: Accord Fintech
7/04/2022 2:30:49 PM
IndusInd Bank gains on launching NRI Homecoming festival ndusInd Bank is currently trading at Rs. 939.95, up by 5.70 points or 0.61% from its previous closing of Rs. 934.25 on the BSE. The scrip opened at Rs. 934.25 and has touched a high and low of Rs. 943.65 and Rs. 925.65 respectively. So far 234995 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 788.60 on 28-Jan-2021. Last one week high and low of the scrip stood at...
IndusInd Bank gains on launching NRI Homecoming festival
IndusInd Bank gains on launching NRI Homecoming festival
Source: Accord Fintech
2/12/2021 2:07:45 PM
IndusInd Bank rises on getting authority by RBI to collect Direct and Indirect Taxes IndusInd Bank is currently trading at Rs. 1183.00, up by 0.65 points or 0.05% from its previous closing of Rs. 1182.35 on the BSE. The scrip opened at Rs. 1188.50 and has touched a high and low of Rs. 1192.00 and Rs. 1175.30 respectively. So far 47082 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1195.95 on 12-Oct-2021 and a 52 week low of Rs. 571.10 on 29-Oct-2020. Last one week high and low of the scrip sto...
IndusInd Bank rises on getting authority by RBI to collect Direct and Indirect Taxes
IndusInd Bank rises on getting authority by RBI to collect Direct and Indirect Taxes
Source: Accord Fintech
13/10/2021 2:03:31 PM
IndusInd Bank trades higher after its deposits up 21% in Q2FY22 IndusInd Bank is currently trading at Rs. 1129.75, up by 10.15 points or 0.97% from its previous closing of Rs. 1119.60 on the BSE. The scrip opened at Rs. 1110.00 and has touched a high and low of Rs. 1136.00 and Rs. 1109.75 respectively. So far 28422 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1189.00 on 24-Sep-2021 and a 52 week low of Rs. 571.10 on 29-Oct-2020. Last one week high and low of the scrip st...
IndusInd Bank trades higher after its deposits up 21% in Q2FY22
IndusInd Bank trades higher after its deposits up 21% in Q2FY22
Source: Accord Fintech
5/10/2021 10:50:22 AM
IndusInd Bank gains on offloading stake in McLeod Russel India IndusInd Bank is currently trading at Rs. 1167.65, up by 5.05 points or 0.43% from its previous closing of Rs. 1162.60 on the BSE. The scrip opened at Rs. 1164.50 and has touched a high and low of Rs. 1177.75 and Rs. 1164.50 respectively. So far 35528 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1189.00 on 24-Sep-2021 and a 52 week low of Rs. 491.30 on 25-Sep-2020. Last one week high and low of the scrip sto...
IndusInd Bank gains on offloading stake in McLeod Russel India
IndusInd Bank gains on offloading stake in McLeod Russel India
Source: Accord Fintech
27/09/2021 12:02:14 PM
IndusInd Bank YoY Q1FY22 consolidated net profit up 99% Private lender IndusInd Bank on Tuesday reported a rise of 99 per cent, on a year-on-year basis, in its consolidated net profit for the first quarter (Q1) of 2021-22. Its net profit during the quarter under review rose to Rs 1,016 crore from Rs 510 crore in the corresponding period of last fiscal. Net interest income for the quarter under review rose to Rs 3,564 crore, up by 8 per cent from Rs 3,309 crore for the quarter ended June 30, 2020. As per the lender, net interest margin for...
IndusInd Bank YoY Q1FY22 consolidated net profit up 99%
IndusInd Bank YoY Q1FY22 consolidated net profit up 99%
Source: IANS
28/07/2021 9:57:26 AM
IndusInd Bank YoY Q1FY22 consolidated net profit up 99% Private lender IndusInd Bank on Tuesday reported a rise of 99 per cent, on a year-on-year basis, in its consolidated net profit for the first quarter (Q1) of 2021-22. Its net profit during the quarter under review rose to Rs 1,016 crore from Rs 510 crore in the corresponding period of last fiscal. Net interest income for the quarter under review rose to Rs 3,564 crore, up by 8 per cent from Rs 3,309 crore for the quarter ended June 30, 2020. As per the lender, net interest margin for...
IndusInd Bank YoY Q1FY22 consolidated net profit up 99%
IndusInd Bank YoY Q1FY22 consolidated net profit up 99%
Source: IANS
28/07/2021 9:34:48 AM
Tata Motors gains on partnering with IndusInd Bank Tata Motors is currently trading at Rs. 308.65, up by 2.30 points or 0.75% from its previous closing of Rs. 306.35 on the BSE. The scrip opened at Rs. 309.90 and has touched a high and low of Rs. 311.90 and Rs. 306.55 respectively. So far 2931799 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 360.65 on 15-Jun-2021 and a 52 week low of Rs. 100.65 on 16-Jul-2020. Last one week high and low of the scrip stood at R...
Tata Motors gains on partnering with IndusInd Bank
Tata Motors gains on partnering with IndusInd Bank
Source: Accord Fintech
12/07/2021 2:37:25 PM
Buy IndusInd Bank Ltd For Target Rs.1,300 - Motilal Oswal Deposit growth gains further traction; loan growth recovers moderately IndusInd Bank (IIB) released its quarterly update highlighting the key business numbers for 4QFY21. The following are the highlights: * Total advances grew 3% YoY to ~INR2.1t. Sequentially, growth remains steady at 2.9% QoQ (similar to the growth witnessed in 3QFY21). The CD ratio narrowed to 83.2% v/s 86.6% in 3QFY21. * IIB continued to show strong momentum in deposits – up 7.1% QoQ (+26.8% YoY) to ~INR2....
Buy IndusInd Bank Ltd For Target Rs.1,300 - Motilal Oswal
Buy IndusInd Bank Ltd For Target Rs.1,300 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
6/04/2021 11:02:54 AM
Buy IndusInd Bank Ltd For Target Rs. 1030 - Religare Broking Derivative Ideas INDUSINDBK added around 10% in open interest addition as long buildup was seen in it till closing time. Current chart pattern also indicates further up move in its price. We suggest buying INDUSINDBK in cash as per below levels Strategy:- BUY INDUSINDBK BETWEEN 947-953, SLOSS AT 920 TARGET 1030.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ0...
Buy IndusInd Bank Ltd For Target Rs. 1030 - Religare Broking
Buy IndusInd Bank Ltd For Target Rs. 1030 - Religare Broking
Source: Religare Broking Ltd
26/03/2021 11:01:46 AM