IndusInd Bank shares down 1 % as Nifty plunges

Shares of IndusInd Bank traded 1.41 per cent down in Thursday 's trade at 01:02 pm. Around 19882493 shares changed hands on the counter. The stock opened at Rs 414.75 and touched an intraday high and low of Rs 466.7 and Rs 391.75 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1834.4 and a 52-week low of Rs 398.5 .

Yesterday, shares of IndusInd Bank cracked as much as 30 per cent in Wednesday’s trade following Supreme Court order to telcos, saying the self-assessment of AGR dues is violation of court order. The company clarification on rumours and speculation about the lender's financial health did little to dispel investor fears.


Financials
IndusInd Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 31892.04 Crore).
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4578.43 Crore and Net Non Performing Assets (Net NPAs) of Rs 2173.29 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 6.87 and price to book value of 1.01 .