IndusInd Bank Limited (NSE: INDUSINDBK)
India
· Delayed Price · Currency is INR | Market Cap | 764.57B |
| Revenue (ttm) | 261.58B |
| Net Income (ttm) | 81.53B |
| Shares Out | 779.02M |
| EPS (ttm) | 104.59 |
| PE Ratio | 9.38 |
| Forward PE | 8.56 |
| Dividend | 16.50 (1.65%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 6,605,750 |
| Open | 1,000.40 |
| Previous Close | 1,000.20 |
| Day's Range | 966.40 - 1,003.00 |
| 52-Week Range | 966.40 - 1,694.50 |
| Beta | 1.35 |
| 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
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:...
Nuvama on IndusInd Bank: FII holding falls, potential MSCI weight increase could attract $290 million inflows
IndusInd Bank has seen a significant reduction in its Foreign Institutional Investor (FII) holdings during the second quarter, which has brought its foreign headroom close to a critical threshold, acc...
IndusInd Bank reports 13% YoY growth in net advances and 15% YoY increase in deposits for Q2 FY25
IndusInd Bank has reported its Q2 FY25 business update, showcasing significant growth across key financial metrics. The bank’s net advances stood at ₹3,56,980 crores as of September 30, 2024, marking ...
Top Losers Today: IndusInd Bank, Bajaj Auto, Titan, and Asian Paints lead the declines
The stock market witnessed several significant losers today, with IndusInd Bank, Bajaj Auto, Titan, and Asian Paints being among the top decliners. Here’s a detailed look at the performance of the top...
Goldman Sachs reiterates ‘buy’ call on IndusInd Bank, expects 12% upside
Goldman Sachs has maintained a ‘buy’ rating on IndusInd Bank, setting a target price of ₹1,635 per share, implying a 12% upside from the current market price of ₹1,462.00. The bank’s board has reappoi...
Ex-banker & aide held for links with cyber fraudsters
Gurgaon: A former employee of Indusind Bank and his associate were arrested on Monday for cheating a person of Rs 1.
Latest Fixed Deposit Rates: 5 banks revise FD rates in September - check list
Latest FD rates: The revised fixed deposit rates by Bank of Baroda, Axis Bank, IndusInd Bank, Federal Bank, and Karnataka Bank cater to both general citizens and senior citizens with tenures from 7 da...
Top Nifty Losers on September 20, 2024: Grasim, SBI, IndusInd Bank, TCS, Bajaj Finance
On a day where the markets rallied, some stocks saw declines. Here are the top losers in Nifty for September 20, 2024: 1. Grasim stock price: ₹2,678.25, down 2.22% Grasim led the losers, closing at ₹2...
Banking Stocks news: HDFC Bank, Kotak Mahindra Bank, and SBI lead gains as banking stocks keep the market positive
As of 9:30 AM, the banking sector saw a mix of minor gains and losses, with HDFC Bank and Kotak Mahindra Bank leading the gains: HDFC Bank rose 0.47% to ₹1,676.50. Kotak Mahindra Bank increased 0.31% ...
Stock to watch today: IndusInd Bank secures RBI approval to launch Mutual Fund business
IndusInd Bank has made headlines today following the Reserve Bank of India’s (RBI) approval for the establishment of a wholly owned subsidiary dedicated to asset management. This strategic move allows...
Stocks to Watch: Zomato, IndusInd Bank, HCL Tech, and more in focus on August 20
Indian markets are set for a positive start on Tuesday, influenced by bullish trends in global markets. GIFT futures indicated a higher opening, with a 64-point rise from Nifty50 futures at 24,659 lev...