Hot Pursuit     25-Nov-22
IndusInd Bank Ltd spurts 0.8%, gains for five straight sessions
IndusInd Bank Ltd is quoting at Rs 1184.9, up 0.8% on the day as on 12:44 IST on the NSE. The stock is up 31.39% in last one year as compared to a 8.52% jump in NIFTY and a 19.23% jump in the Nifty Bank.

IndusInd Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1184.9, up 0.8% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.04% on the day, quoting at 18476.9. The Sensex is at 62203.78, down 0.11%. IndusInd Bank Ltd has gained around 3.71% in last one month.

Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has gained around 4% in last one month and is currently quoting at 43075.4, down 0.29% on the day. The volume in the stock stood at 34.78 lakh shares today, compared to the daily average of 24.45 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1194.05, up 0.85% on the day. IndusInd Bank Ltd is up 31.39% in last one year as compared to a 8.52% jump in NIFTY and a 19.23% jump in the Nifty Bank index.

The PE of the stock is 15.4 based on TTM earnings ending September 22.

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