IndusInd Bank (INDUSINDBK)
₹1,425.70
+40.70
(+2.94%)
Previous Close
₹1,385.00
Day Range
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52 Week Range
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Market Cap
₹111,000 Cr
Volume
3,100,000
Avg. Volume
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P/E Ratio
—
Dividend Yield
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Why the stock moved
Microfinance portfolio stress contained; vehicle finance showing strong revival with disbursements up 22% QoQ.
In-depth analysis
Vehicle finance momentum and corporate banking strength helped IndusInd deliver its best quarterly growth in two years while keeping GNPA at 1.92%.
Outlook
Management guides for double-digit loan growth driven by vehicle, SME and consumer finance with focus on diversified liabilities.
Risk factors
Any relapse of stress in microfinance and slower deposit mobilization could hurt margins.