IndusInd Bank shares increased by 3% on July 6th

IndusInd Bank shares increased by 3% on July 6th

IndusInd Bank shares increased by 3% on July 6th

New Delhi: To begin with, the shares of IndusInd Bank Limited increased in the session today. The share price of the bank witnessed a 2.91% high. Nearly, 8,54,608 shares have exchanged hands on the counter.

Significantly, the stock started at Rs. 495.25 and reached a high of Rs. 505.90. As well as it reached a low of Rs. 495.25 per equity share so far. However, the shares of the company quoted at the 52-week high value of Rs. 1,672.95. It also quoted a 52-week low value of Rs. 235.55 in the trade so far.

According to the records, the total market capitalization of the bank reached Rs. 33,789.06 crores.

On the other side, the bank posted its Gross Non-Performing Assets (Gross NPAs) of Rs. 5,146.74 crores as of March 2020. Also, the Net Non-Performing Assets (Net NPAs) stood at Rs. 1,886.58 crores.  

Moreover, the shares of the bank traded at a price-to-earnings multiple of 7.78. So then, the price-to-book ratio stood at 1.13.

July 6th Stock Market Details: 

On July 6th, both the Sensex and the Nifty had traded with a bullish trend in the stock market. The Sensex traded with a profit of 385.67 points and reached 36,400.86 levels with a 1.05% gain. On the other side, the Nifty traded high with 130.70 points at 10,736.25 level with a 1.21% gain. 

Besides, as of July 6th, the number of confirmed COVID-19 cases across India has reached 6,97,413. Also, the number of deaths in the country has reached 19,693. 

In the border market, the S&P BSE Midcap index gained 108.19 points with a 0.81% rise and reached a 13,395.11 level. Also, the S&P BSE Smallcap index gained 118.37 points with a 0.92% rise and reached a 12,718.39 level. At the same time, the Nifty Bank gained 384.40 points with a 1.57% rise and reached 22,201.20 level.

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