Trending stocks: IndusInd Bank shares rise 2%

NEW DELHI: Shares of IndusInd Bank traded 1.68 per cent up in Monday 's trade at 11:04 am.

Around 11579916 shares changed hands on the counter. The stock opened at Rs 370.0 and touched an intraday high and low of Rs 427.7 and Rs 370.0 , 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 .


CRISIL reaffirmed the Credit Ratings on the Fixed Deposits / Certificates of Deposits / Debt Instruments of the bank.

Financials
IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 28504.32 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.

Promoters holding
Promoters held 13.039939 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 6082.32 crore and net profit of Rs 1309.23 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 6.2 and price to book value of 0.91 .