IndusInd Bank Share Price Trades Lower on January 10, 2025

On January 10, 2025, IndusInd Bank share price traded 2.95% lower at ₹952 at 10:13 AM (IST), while the BSE benchmark Sensex plunged 402.82 points to 77,217.39. IndusInd Bank’s share price reached a 52-week high of ₹1,694.35 on January 15, 2024, and a 52-week low of ₹927.05 on December 12, 2024. As per BSE, the total traded volume for the stock stood at 0.44 lakh shares with a turnover of ₹3.80 crore.

At the current price, IndusInd Bank shares are trading at a price-to-earnings (P/E) ratio of 9.41x, based on its trailing 12-month earnings per share (EPS) of ₹104.27, and a price-to-book (P/B) ratio of 1.17, according to exchange data.

Shareholding Details

As of September 30, 2024, Foreign Institutional Investors (FIIs) held a 34.11% stake in IndusInd Bank shares, while Domestic Institutional Investors (DIIs) owned 34.60%, and the promoters held 16.36%.

Indusind Bank Q2 FY25 Results

IndusInd Bank reported year-on-year growth in net advances, reaching ₹3,56,980 crore as of September 30, 2024, compared to ₹3,15,454 crore in the same period last year.

Sequentially, net advances rose from ₹3,47,898 crore recorded in Q1FY25. The bank’s deposits grew to ₹4,12,704 crore as of September 30, 2024, up from ₹3,59,786 crore in the previous year.

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