Indusind bank share price
Indusind bank share price
Share prices are one of the primary indicators of a company’s performance in the stock market. For investors, understanding share prices is an essential part of their investment strategy. One such company that has been doing well in the stock market lately is IndusInd Bank. This article will explore the current share price of IndusInd Bank and what it means for investors. We’ll look at factors that have contributed to its rise in value and discuss potential outlooks for future share prices, as well as some tips for prudent investing.
IndusInd Bank: An Overview
IndusInd Bank is a Mumbai-based bank established in 1994. The bank provides commercial, retail and corporate banking services. As of March 2020, the bank has 2,632 branches and 3,841 ATMs across 1,604 cities. The bank also has a presence in 19 countries.
The bank reported a net profit of Rs 4,855 crore for the quarter ended December 31, 2019, up 20% from Rs 4,045 crore in the year-ago period. Total income rose to Rs 22,683 crore from Rs 20,716 crore.
Asset quality improved with gross non-performing assets (NPA) as a percentage of gross advances coming down to 1.55% from 1.61% in the previous quarter. Net NPA ratio improved to 0.51% from 0.54%.
Provisions for bad loans declined to Rs 592 crore from Rs 967 crore in the year-ago period and Rs 1,380 crore in the previous quarter.
IndusInd Bank Share Price History
The IndusInd Bank Share Price History is a fascinating story. The bank was founded in 1994, and its share price has been on a steady upward trend ever since. In fact, the bank’s share price has more than quadrupled since its inception.
Interestingly, the bank’s share price took a sharp turn upwards in 2003, shortly after the US-based multinational company Citigroup acquired a 20% stake in the bank. This move by Citigroup helped to legitimize the bank and give it the international exposure it needed to attract more investors.
Since then, the IndusInd Bank Share Price History has been one of steady growth. The bank has continued to expand its operations and branches across India, and its share price has reflects this positive trajectory. In recent years, the bank has also ventured into new areas such as retail banking and credit cards, which has helped to further boost its share price.
Looking ahead, there is no reason to believe that the IndusInd Bank Share Price History will not continue to be one of growth and expansion. With its strong fundamentals and proven track record, the bank is well-positioned to continue delivering shareholder value for many years to come.
IndusInd Bank Future Outlook
IndusInd Bank has a strong outlook for the future. The bank is well-positioned to take advantage of the growing Indian economy and expanding middle class. The bank has a diversified business model, a strong management team, and a robust capital structure. These factors should allow IndusInd Bank to continue to grow at a rapid pace in the coming years.
How to Invest in IndusInd Bank Shares
If you’re looking to invest in IndusInd Bank shares, there are a few things you need to know. First, IndusInd Bank is an Indian banking and financial services company based in Mumbai. The company offers a wide range of banking products and services including credit cards, loans, mortgages, and investment products. Second, as of June 2017, the market capitalization of IndusInd Bank was Rs. 65,837 crore (US$10.1 billion). This makes it the sixth largest bank in India by market capitalization. Finally, as of March 31, 2018, the bank had a total of 1,338 branches and 4,977 ATMs across India.
Now that you know a little bit about IndusInd Bank, let’s dive into how you can invest in its shares. One way to do this is through a broker that offers trading on the National Stock Exchange of India (NSE). Alternatively, you can open an account with a local broker in India if you’re looking to trade on the Bombay Stock Exchange (BSE). Once you have your account set up, you’ll need to deposit funds into it before you can place any buy or sell orders.
When placing an order to buy or sell IndusInd Bank shares, you’ll need to specify the number of shares you want to trade as well as your desired price per share. Your order will then be matched with another order from another trader and the trade will be executed
IndusInd Bank’s share price has been on a roller-coaster ride in recent times. The stock has experienced a high of ₹1,837.95 on 20-Feb-2020 and a low of ₹837.85 on 05-Mar-2020, a drop of 54.4%. The current market price of IndusInd Bank is trading at ₹1,183.90 as of 21 April 2020. The factors which caused the share price to decline are attributed to the COVID-19 pandemic and the resulting lockdown imposed by the Government of India. The pandemic has impacted the banking sector very significantly and IndusInd Bank is no exception. The bank has been affected by increased delinquencies, impairment losses due to loan defaults, and lower revenues from loan and deposit operations due to weak economic activity caused by the pandemic. In order to shore up its capital base, the bank announced an issue of equity shares amounting to Rs. 2200 crores which was subscribed by investors at a premium of Rs. 1476.72 per share. The bank has also applied for funds under different government-sponsored liquidity schemes to offset its losses arising out of the pandemic and to manage its liquidity levels. In spite of these measures, investors remain concerned about the long-term outlook of the bank and this has had an impact on its share price performance.