IndusInd Bank Limited (BOM: 532187)
India
· Delayed Price · Currency is INR | Market Cap | 724.08B |
| Revenue (ttm) | 261.58B |
| Net Income (ttm) | 81.53B |
| Shares Out | n/a |
| EPS (ttm) | 104.59 |
| PE Ratio | 8.88 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 102,670 |
| Open | 961.00 |
| Previous Close | 964.05 |
| Day's Range | 927.05 - 966.30 |
| 52-Week Range | 927.05 - 1,694.35 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 23, 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
Nifty 50 top gainers today on December 16: Dr. Reddy’s Laboratories, IndusInd Bank, HDFC Life Insurance and more
Indian equity indices closed trading on December 16 with a negative note. The Sensex dropped by 384.55 points, or 0.47%, settling at 81,748.57, while the Nifty ended lower by 100.05 points, or 0.40%, ...
Nifty 50 top losers today on December 13: Shriram Finance, Tata Steel, IndusInd Bank and more
The Indian stock markets ended on a strong note on December 13, with both the Sensex and Nifty registering notable gains. The Sensex surged by 843.16 points, or 1.04%, to close at 82,133.12, while the...
IndusInd Bank shares drop 2% as UBS cuts target price to Rs 1,150
Shares of IndusInd Bank dropped by 2% on Friday as UBS flagged increasing risks of non-performing loans (NPL) in the commercial vehicle (CV) and business loan segments. Early delinquency rates for CV ...
UBS cuts target prices for IndusInd Bank, Axis Bank and AU Small Finance Bank
UBS has flagged increasing non-performing loan (NPL) risks for commercial vehicle (CV) and business loans, citing a significant deterioration in early delinquencies. Early delinquency rates for CV loa...
Nifty 50 top gainers today on December 12: Adani Enterprises, Bharti Airtel and IndusInd Bank lead the rally
Indian equity markets ended on a negative note, with both major indices, Sensex and Nifty, closing in the red on December 12. The Sensex shed 236.18 points or 0.29%, closing at 81,289.96, while the Ni...
IndusInd Bank shares drop nearly 2% after Morgan Stanley cuts target price to Rs 1,150 from Rs 1,400 earlier
IndusInd Bank’s shares witnessed a nearly 2% decline after Morgan Stanley maintained an Equal Weight rating but revised its target price to ₹1,150, down from ₹1,400. The bank’s stock has fallen by 30%...
Morgan Stanley cuts target price for IndusInd Bank to Rs 1,150 from Rs 1,400 earlier
Morgan Stanley has maintained an Equal Weight rating on IndusInd Bank but cut its target price to ₹1,150 from ₹1,400.
Private bank's assistant manager arrested for aiding cyber fraud in Delhi
An assistant manager at IndusInd Bank's Lajpat Nagar branch, Harvinder Singh, was arrested for aiding cybercriminals by opening an account to receive fraudulent proceeds. Since February, Gurgaon polic...
HC bail for Cox & Kings auditor in bank con case
The Bombay High Court has granted bail to Naresh Jain, the auditor for Cox & Kings Limited, in a case involving alleged fraud against IndusInd Bank. The case centers around accusations of defaulting o...
IndusInd Bank collaborates with UNICEF to boost climate risk management in India
IndusInd Bank has announced a strategic partnership with UNICEF to support the Disaster Resilient Communities and Climate Risk-Informed Administrative Systems initiative. This collaboration, part of t...
IndusInd Bank and Bharat Financial Inclusion partner with Ministry of Agriculture to support 10,000 Farmer Producer Organizations
IndusInd Bank Limited (IBL) and its subsidiary Bharat Financial Inclusion Limited (BFIL) have signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture and Farmers Welfare (MoA & FW)...
IndusInd Bank shares fell over 3% this week – Know More
Shares of IndusInd Bank declined by 3.76% this week, closing at ₹1,017.15 as of the latest update. This decrease in share price has raised concerns among investors as the stock faced consistent downwa...
IndusInd Bank partners with Trustmore to enhance digital Escrow Services in India
IndusInd Bank has announced a strategic alliance with Trustmore (Escrowpay), a leading digital escrow platform, to provide seamless and secure digital escrow services across India. This collaboration ...
Nifty 50 top losers this week: IndusInd Bank, Tata Consumer Products, Bharat Petroleum Corporation and more
On October 25, the Nifty fell below 25,250, bringing the Indian equity indexes to a low. The Sensex closed down 662.87 points, or 0.83 percent, at 79,402.29, while the Nifty fell 218.60 points, or 0.9...
Nifty 50 top losers today on 25 October: IndusInd Bank, Adani Enterprises, BPCL and more
On Friday, October 25, there had been a significant selloff in the Indian stock market. While mid- and small-cap categories saw a 2% decline, the benchmarks, the Sensex and the Nifty 50, had a roughly...
Stock Market Update: IndusInd Bank, BPCL, Trent, M&M and others in top losers list
Indian benchmark indices, Sensex and Nifty, traded in deep red on Friday, marking a four-day decline. The drop was driven by lackluster earnings reports and ongoing foreign outflows. The market was pa...
IndusInd Bank hits lower circuit, stock plunges 10% after 40% YoY net profit decline in Q2 FY25
IndusInd Bank’s stock has hit the lower circuit, dropping 10% to ₹1,152.05 as of 9:20 AM, following the release of its Q2 FY25 results, which revealed a significant 40% year-on-year (YoY) decline in n...
IndusInd Bank shares hit 10% lower circuit on poor Q2 FY25 results
IndusInd Bank shares hit a 10% lower circuit after the company reported a 39% fall in second-quarter profit on Thursday, hurt by higher provisions. The company reported a net profit of Rs 1,325 crore ...
Stocks in focus after Q2 results today: ITC, UBL, Dixon Tech, IEX shine while NTPC, IndusInd Bank, Petronet LNG, MGL disappoint
The Q2 earnings season has delivered a mix of strong performances and disappointments across sectors, with companies such as ITC, United Breweries (UBL), and Dixon Technologies delivering better-than-...
Jefferies maintains Buy call on IndusInd Bank, cuts target price to Rs 1,470
Jefferies has maintained its Buy rating on IndusInd Bank while cutting the target price from Rs 1,750 to Rs 1,470, reflecting a 16% reduction. The current market price (CMP) of IndusInd Bank stands at...
Motilal Oswal maintains Buy call on IndusInd Bank, sets target price at Rs 1,500
Motilal Oswal (MOSL) has maintained its Buy rating on IndusInd Bank with a target price of Rs 1,500. The bank’s Q2 performance was weaker than expected, as it navigates near-term challenges. The broke...
HSBC maintains Buy call on IndusInd Bank, cuts target price by 14.7% to Rs 1,510
HSBC has maintained its Buy rating on IndusInd Bank, reducing the target price from Rs 1,770 to Rs 1,510, representing a 14.7% cut. The revision comes after the bank’s performance showed weakness, par...
IndusInd Bank’s NII grows 5% YoY, while net profit declines 40% YoY in Q2 FY25
IndusInd Bank has reported its financial performance for the second quarter of fiscal year 2025, showing a mixed bag of results. The bank’s Net Interest Income (NII) grew by 5% year-on-year (YoY) to ₹...
Q2FY25 earnings calendar for October 24, 2024: ACC, ITC, IndusInd Bank and more
On October 24, several major companies will release their Q2 FY25 earnings, including ACC, Godrej Consumer Products (GodrejCP), and IndusInd Bank. Here’s a breakdown of key expectations: ACC: Revenue:...