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18-Mar2019

IndusInd Bank shines on the bourses

IndusInd Bank is currently trading at Rs. 1724.45, up by 23.70 points or 1.39% from its previous closing of Rs. 1700.75 on the BSE.

The scrip opened at Rs. 1712.00 and has touched a high and low of Rs. 1733.55 and Rs. 1708.40 respectively. So far 34046 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.90 on 03-Aug-2018 and a 52 week low of Rs. 1333.90 on 31-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1733.55 and Rs. 1504.10 respectively. The current market cap of the company is Rs. 103957.23 crore.

The promoters holding in the company stood at 16.79%, while Institutions and Non-Institutions held 63.68% and 19.53% respectively.

IndusInd Bank has inaugurated a branch in Boisar, an upcoming industrial area situated in the Palghar district of Maharashtra. This is the Bank's first branch in this region and is located in the Ostwal Empire building at Boisar (West). The branch will house an ATM that will be operational 24X7. With this, the Bank now has a wide network of over 175 branches across Maharashtra.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.


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