IndusInd Bank is currently trading at Rs. 585.15, up by 17.05 points or 3.00% from its previous closing of Rs. 568.10 on the BSE.
The scrip opened at Rs. 573.65 and has touched a high and low of Rs. 589.75 and Rs. 572.00 respectively. So far 620307 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1596.35 on 02-Dec-2019 and a 52 week low of Rs. 235.60 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 589.75 and Rs. 512.60 respectively. The current market cap of the company is Rs. 40601.36 crore.
The promoters holding in the company stood at 14.65%, while Institutions and Non-Institutions held 66.79% and 18.55% respectively.
IndusInd Bank has witnessed a three-fold jump in digital account openings from pre-COVID-19 levels and plans more investments in the digital channel. The bank’s balance sheet has also moved up. Customers are mainly opening savings and fixed deposit accounts. Digital has been a saviour during the pandemic and it is not just a new normal.
The video KYC allowed by RBI gives tremendous amount of flexibility to customers and transactions are building up as new customers are signing-in digitally.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.