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IndusInd Bank trades high on the bourses

IndusInd Bank is currently trading at Rs. 1384.60, up by 2.95 points or 0.21% from its previous closing of Rs. 1381.65 on the BSE.

The scrip opened at Rs. 1381.00 and has touched a high and low of Rs. 1386.25 and Rs. 1376.00 respectively. So far 20150 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1396.95 on 17-Mar-2017 and a 52 week low of Rs. 912.00 on 28-Mar-2016.

Last one week high and low of the scrip stood at Rs. 1396.95 and Rs. 1345.05 respectively. The current market cap of the company is Rs. 82706.69 crore.

The promoters holding in the company stood at 16.81%, while institutions and non-institutions held 62.33% and 20.85% respectively.

IndusInd Bank has inaugurated a new branch in Faridabad, which is a major industrial hub in the state of Haryana. The new branch is located at Sector-15, Urban Estate, Faridabad, Haryana. With the inauguration of this branch, the bank now has four branches in Faridabad. The inauguration of the new branch will allow more number of customers to avail the bank’s unique customer propositions along with full range of services.

As on December 31, 2016, Induslnd Bank has 1,075 branches, and 1,960 ATMs spread across 647 geographical locations of the country. The Bank also has representative offices in London, Dubai and Abu Dhabi.

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