INDUSIND BANK Share Price Down by 5%; BSE BANKEX Index Down 0.1%
January 25, 2021 03:27 PM

INDUSIND BANK share price has plunged 5% and is presently trading at Rs 912.

Meanwhile, the BSE BANKEX Index is at 35,960 (down 0.1%).

Among the top losers in the BSE BANKEX Index today is INDUSIND BANK (down 5.1%).

AXIS BANK (up 2.4%) and HDFC BANK (up 1.3%) are among the top gainers today.

Over the last one year, INDUSIND BANK has moved down from Rs 1,337 to Rs 912, registering a loss of Rs 425 (down 31.8%)..

The BSE BANKEX has moved up from 35,302 to 35,960, registering a gain of 658 points (up 1.9%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 17.5%), KOTAK MAHINDRA BANK (up 10.3%) and ICICI BANK (up 1.4%).

What About the Benchmark Indices?

The BSE Sensex is at 49,263 (down 1.1%). The top gainers among the BSE Sensex stocks today are AXIS BANK (up 2.4%). The most traded stocks in the BSE Sensex are TATA STEEL and ICICI BANK.

In the meantime, NSE Nifty is at 14,491 (down 1.0%). GRASIM (up 6.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,324 to 49,263, registering a gain of 7,939 points (up 16.93%).

INDUSIND BANK Financial Update...

INDUSIND BANK net profit down at Rs 6 billion for the quarter ended September 2020, compared to a loss of Rs 13 billion a year ago. Operating income declined 1.5% to Rs 71.8 billion during the period as against Rs 72.8 billion in July-September 2019.

For the year ended March 2020, INDUSIND BANK reported 35.0% increase in net profit to Rs 44.6 billion compared to net profit of Rs 33.0 billion during FY19.

Revenue of the company grew 29.3% to Rs 288 billion during FY20.

The current Price to earnings ratio of INDUSIND BANK, based on rolling 12 month earnings, stands at 21.7x.