Trending stocks: IndusInd Bank shares fall 3% as Nifty plunges

NEW DELHI: Shares of IndusInd Bank traded 2.9 per cent down in Monday 's trade at 10:04AM (IST).

Around 4734798 shares changed hands on the counter. The stock opened at Rs 388.0 and touched an intraday high and low of Rs 392.45 and Rs 371.25 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1834.4 and a 52-week low of Rs 235.55 .


Financials
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 27425.87 Crore).

IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 18256.68 Crore to Sales Value (82.01 % of Total Sales), Income From Investment which contributed Rs 3677.34 Crore to Sales Value (16.51 % of Total Sales) and Interest which contributed Rs 225.10 Crore to Sales Value (1.01 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 13.039939 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 5.95 and price to book value of 0.87 .