IndusInd Bank Limited (BOM:532187)
India
· Delayed Price · Currency is INR | Market Cap | 618.73B |
| Revenue (ttm) | 252.75B |
| Net Income (ttm) | 72.54B |
| Shares Out | n/a |
| EPS (ttm) | 93.06 |
| PE Ratio | 8.53 |
| Forward PE | n/a |
| Dividend | 16.50 (2.08%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 1,191,137 |
| Average Volume | 711,520 |
| Open | 793.45 |
| Previous Close | 828.05 |
| Day's Range | 776.15 - 808.00 |
| 52-Week Range | 605.40 - 1,550.00 |
| Beta | n/a |
| RSI | 54.63 |
| Earnings Date | Apr 24, 2025 |
About IndusInd Bank
IndusInd Bank Limited engages in the provision of various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense, and corporate salary; fixed and FCNR, sweep in/out, time and term deposits; and senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products. It als... [Read more]
Financial Performance
In 2023, IndusInd Bank's revenue was 261.16 billion, an increase of 22.85% compared to the previous year's 212.59 billion. Earnings were 89.77 billion, an increase of 20.61%.
Financial StatementsNews
IndusInd Bank says engaged with EY to assist internal audit department
IndusInd Bank has officially responded to recent media reports suggesting that it has appointed Ernst & Young (EY) to conduct a forensic audit into its microfinance business, clarifying that no such f...
IndusInd Bank responds to audit concerns; clarifies EY not appointed for forensic probe
IndusInd Bank on Tuesday clarified that contrary to media reports, it has not appointed Ernst & Young (EY) to conduct a forensic audit into a ₹600 crore discrepancy in its microfinance portfolio. The ...
Nifty 50 top losers today, April 22: IndusInd Bank, Power Grid, Hero MotoCorp, Infosys and more
The Indian stock market continued its bullish streak for the sixth consecutive session on April 22, 2025, with key indices posting gains. The BSE Sensex rose by 187.09 points (0.24%) to close at 79,59...
IndusInd Bank share prices plunge 6% after lender appoints EY for forensic audit on Rs 600 crore discrepancy
IndusInd Bank's shares plummeted following the appointment of EY to investigate a Rs 600 crore irregularity in its microfinance portfolio. This raised concerns about governance and accounting practice...
IndusInd Bank shares plunge nearly 6% after reports of second forensic audit over Rs 600 crore income discrepancy
Shares of IndusInd Bank fell sharply in Monday’s session, dropping nearly 6% to ₹779.25 after reports emerged that the bank has initiated a second forensic audit, this time to investigate a ₹600 crore...
Nifty 50 top gainers today, April 21: Tech Mahindra, Trent, IndusInd Bank, Power Grid and more
In a robust trading session on April 21, Indian equity markets extended their winning streak to the fifth consecutive day, marking the longest stretch of gains in a month. The Sensex closed higher by ...
Nifty 50 top gainers this week (April 19): IndusInd Bank, Axis Bank, Shriram Finance, Adani Ports, Bharti Airtel and more
The Indian stock market ended the trading week on a bullish note, with benchmark indices BSE Sensex and Nifty 50 posting robust gains driven by renewed foreign institutional investor (FII) inflows, co...
IndusInd Bank appoints Santosh Kumar as Deputy CFO, relieves Arun Khurana from additional charge
IndusInd Bank on Thursday announced a key leadership change in its finance division. The bank’s Board of Directors has appointed Mr. Santosh Kumar as Deputy Chief Financial Officer (CFO) and Special O...
Top stocks to buy today: Stock market recommendations for April 17, 2025
Jefferies is bearish on Mahanagar Gas due to reduced APM gas allocation, while Nuvama cuts ICICI Lombard's target despite premium growth. Nomura is bullish on Aditya Birla Real Estate, citing strong p...
Nifty 50 top gainers today, April 16: IndusInd Bank, Axis Bank, Apollo Hospitals, HDFC Life and more
Indian equity markets ended on a strong note on April 16, 2025, as both benchmark indices registered gains. The BSE Sensex climbed 309.40 points or 0.40% to settle at 77,044.29, while the Nifty 50 sur...
Top stocks to watch today, April 16: IREDA, IndusInd Bank, Vedanta, ICICI Prudential, ICICI Lombard and more
Indian equity benchmarks Sensex and Nifty surged over 2% on Tuesday, mirroring gains in global markets. The rally follows U.S. President Donald Trump’s announcement easing some tariffs on electronics ...
IndusInd Bank: Hit to net worth pegged at Rs 2k crore
IndusInd Bank disclosed that an external review quantified the impact of discrepancies in its derivatives portfolio, resulting in a Rs 1,979 crore hit to its net worth as of June 2024. This translates...
Macquarie, Citi upbeat, Morgan Stanley cautious in latest views on IndusInd bank—here’s what they said
Brokerages have issued mixed views on a major private sector bank following the conclusion of an external review on its derivative portfolio discrepancies. While Macquarie and Citi see the findings as...
IndusInd Bank share in spotlight as Citi maintains ‘Buy’ rating, sees limited impact from derivative loss
Citi has reiterated its ‘Buy’ rating on IndusInd Bank, with a target price of ₹890, as the stock trades at ₹735.50. The brokerage noted that the external agency’s report has pegged the post-tax impact...
IndusInd Bank share steady as Morgan Stanley flags limited impact from derivative loss, awaits Q4 clarity
Morgan Stanley has maintained an ‘Equal-weight’ rating on IndusInd Bank, with a target price of ₹755, as the stock currently trades at ₹735.50. The brokerage noted that the external audit report has c...
IndusInd Bank share in focus as Macquarie sees limited impact from derivative discrepancies
Macquarie has maintained an ‘Outperform’ rating on IndusInd Bank, projecting a target price of ₹1,210, even as the stock trades at a much lower level of ₹735.50. The brokerage has assessed the recent ...
Stock recommendations by brokers: IndusInd Bank, ICICI Pru Life, Mahanagar Gas, ONGC, ICICI Lombard, AB Real Estate in focus on April 16
Brokerage houses have issued fresh notes on several frontline stocks based on earnings reports, operational updates, and regulatory actions. Here are key stocks to watch today, April 16, 2025, based o...
Stock in Focus: IndusInd Bank flags Rs 1,979 crore derivative discrepancy; adverse impact pegged at 2.27% of net worth
IndusInd Bank has disclosed a significant financial impact stemming from discrepancies identified in its derivative portfolio, amounting to a negative hit of Rs 1,979 crore. The issue, originally flag...
Accounting lapses in derivative portfolio to cost IndusInd Bank Rs 1,979 cr
India-Business News: IndusInd Bank on Tuesday said that accounting lapses in the derivative portfolio will have a negative impact of Rs 1,979 crore on the bank's networth..
Bank stocks on a surge: IndusInd bank led the rally with over 6%
Banking stocks rallied, leading market gains, fueled by anticipated interest rate cuts and positive investor sentiment. IndusInd Bank led the surge, followed by other private and public sector lenders...
Nifty 50 top gainers today, April 15: IndusInd Bank, Shriram Finance, Tata Motors, Larsen & Toubro and more
Indian equity markets witnessed a robust rally on April 15, 2025, with both benchmark indices — Nifty 50 and BSE Sensex — closing on a strong note. The Nifty 50 surged 500 points or 2.19%, ending the ...
Banking stocks bleed: PSB crashes 8.17%, IOB slips 7.11%, Axis Bank, IndusInd fall over 3%; Bank Nifty down 1,418 pts
Banking stocks were hit hard in early trade on Monday as the broader equity market reeled under global pressure triggered by intensifying U.S.–China trade tensions. At 9:22 AM, benchmark indices and s...
IndusInd Bank shares drop 4% after weakest YoY business growth in 5 years
IndusInd Bank stock dropped 4% following its Q4 FY25 business update, revealing the weakest year-on-year (YoY) business momentum in nearly five years. The private lender reported muted growth, raising...
Buy or sell: Stock recommendation by brokers for April 7, 2025
CLSA has downgraded Tata Motors due to potential drops in JLR volumes and diminished EBIT margins. Citigroup suggests a 'sell' for AB Fashion, anticipating no further M&A and high leverage impact. UBS...
Stocks to watch today: Tata Motors, ITC, Dr. Reddy’s, IndusInd Bank, L&T, Biocon, Indusind Bank, Astra Zenecca in focus
Indian stock markets are set to react to a slew of corporate announcements and macro developments on Monday, with several major and midcap companies in the spotlight. Tata Motors will likely be under ...