IndusInd Bank has allotted 7,800 equity shares under ESOS on 12 December 2024. The Paid up Share Capital of the Bank has accordingly increased from. Rs. 7,790,438,730 (779,043,873 equity shares of Rs.10/- each) to Rs. 7,790,516,730 (779,051,673 equity shares of Rs.10/-each). Powered by Capital Market - Live

IndusInd Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 997.95, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 24574.6. The Sensex is at 81357.24, down 0.21%. IndusInd Bank Ltd has slipped around 3.74% in last one month. Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has slipped around 6.25% in last one month and is currently quoting at 53391.35, down 0.33% on the day. The volume in the stock stood at 25.25 lakh shares today, compared to the daily average of 47.4 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1001.25, up 1.17% on the day. IndusInd Bank Ltd is down 33.77% in last one year as compared to a 17.43% spurt in NIFTY and a 13.01% spurt in the Nifty Bank index.The PE of the stock is 9.45 based on TTM earnings ending September 24.Powered by Capital Market - Live

IndusInd Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1083.5, up 1.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 23930.5. The Sensex is at 78546.92, down 0.3%. IndusInd Bank Ltd has dropped around 19.79% in last one month. Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has dropped around 1.28% in last one month and is currently quoting at 51215.25, down 0.18% on the day. The volume in the stock stood at 28.27 lakh shares today, compared to the daily average of 66.5 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1086.65, up 1.66% on the day. IndusInd Bank Ltd is down 26.31% in last one year as compared to a 23.28% spurt in NIFTY and a 17.21% spurt in the Nifty Bank index.The PE of the stock is 10.2 based on TTM earnings ending September 24.Powered by Capital Market - Live

VST Industries Ltd, Glenmark Life Sciences Ltd, Dixon Technologies (India) Ltd and Poonawalla Fincorp Ltd are among the other losers in the BSE's 'A' group today, 25 October 2024.IndusInd Bank Ltd lost 18.76% to Rs 1039 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 22.87 lakh shares were traded on the counter so far as against the average daily volumes of 1.26 lakh shares in the past one month.VST Industries Ltd crashed 10.12% to Rs 309.2. The stock was the second biggest loser in 'A' group.On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 33060 shares in the past one month.Glenmark Life Sciences Ltd tumbled 10.00% to Rs 935.5. The stock was the third biggest loser in 'A' group.On the BSE, 38203 shares were traded on the counter so far as against the average daily volumes of 24393 shares in the past one month.Dixon Technologies (India) Ltd dropped 9.69% to Rs 13604. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.7 lakh shares were traded on the counter so far as against the average daily volumes of 14974 shares in the past one month.Poonawalla Fincorp Ltd pared 8.35% to Rs 328.25. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.1 lakh shares were traded on the counter so far as against the average daily volumes of 82208 shares in the past one month.Powered by Capital Market - Live

Home First Finance Company India Ltd, Chalet Hotels Ltd, Dixon Technologies (India) Ltd, Laurus Labs Ltd are among the other stocks to see a surge in volumes on NSE today, 25 October 2024.IndusInd Bank Ltd notched up volume of 515.74 lakh shares by 14:14 IST on NSE, a 16.19 fold spurt over two-week average daily volume of 31.85 lakh shares. The stock slipped 18.87% to Rs.1,038.55. Volumes stood at 24.41 lakh shares in the last session.Home First Finance Company India Ltd witnessed volume of 30.86 lakh shares by 14:14 IST on NSE, a 15.41 times surge over two-week average daily volume of 2.00 lakh shares. The stock dropped 1.57% to Rs.1,095.50. Volumes stood at 2.3 lakh shares in the last session.Chalet Hotels Ltd witnessed volume of 18.15 lakh shares by 14:14 IST on NSE, a 15.03 times surge over two-week average daily volume of 1.21 lakh shares. The stock increased 4.55% to Rs.874.55. Volumes stood at 1.26 lakh shares in the last session.Dixon Technologies (India) Ltd saw volume of 34.98 lakh shares by 14:14 IST on NSE, a 12.56 fold spurt over two-week average daily volume of 2.79 lakh shares. The stock dropped 10.78% to Rs.13,431.80. Volumes stood at 3.4 lakh shares in the last session.Laurus Labs Ltd witnessed volume of 178.31 lakh shares by 14:14 IST on NSE, a 9.27 times surge over two-week average daily volume of 19.23 lakh shares. The stock increased 3.17% to Rs.461.50. Volumes stood at 24.2 lakh shares in the last session.Powered by Capital Market - Live

The key equity benchmarks traded with major losses in afternoon trade. The Nifty traded near the 24,100 level. Barring the Nifty FMCG index, all the other sectoral indices on the NSE traded in red. At 13:30 IST, the barometer index, the S&P BSE Sensex, tumbled 774.84 points or 0.97% to 79,290.32. The Nifty 50 index dropped 299.40 points or 1.23% to 24,100. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.72% and the S&P BSE Small-Cap index declined 2.45%. The market breadth was weak. On the BSE, 658 shares rose and 3,209 shares fell. A total of 84 shares were unchanged. Gainers & Losers: ITC (up 2.04%), Hindustan Unilever (up 0.99%), Sun Pharmaceutical Industries (up 0.87%), Nestle India (up 0.62%) and Axis Bank (up 0.50%) were major Nifty gainers. Indusind Bank (down 18.85%), Adani Enterprises (down 4.96%), Shriram Finance (down 4.92%), Mahindra and Mahindra (down 4.80%) and NTPC (down 3.91%) were major Nifty losers. ITC added 2.04% after the diversified conglomerate's net profit rose 3.07% to Rs 4,917.45 crore in Q2 FY25 as against Rs 4,926.96 crore posted in Q2 FY24. Net revenue (excluding excise duty) was at Rs 19,150.32 crore in the September quarter FY25, up 16.81% from Rs 16,393.74 crore recorded in the corresponding quarter previous year. IndusInd Bank tumbled 18.85% after the bank reported 39.24% decline in standalone net profit to Rs 1,325.45 crore in Q2 FY25 as against Rs 2,181.47 crore posted in Q2 FY24. However, total income increased 9.91% year on year (YoY) to Rs 14,870.18 crore in the quarter ended 30 September 2024. Stocks in Spotlight: RR Kabel slipped 3.19% after the company's consolidated net profit declined 33.16% to Rs 49.52 crore in Q2 FY25 as against Rs 74.09 crore posted in Q2 FY24. Revenue from operations was at Rs 1,810.13 crore in second quarter of FY25, marking a growth of 12.45% as against Rs 1,609.67 crore in Q2 FY24. Nippon Life India Asset Management added 1.52% after the company's consolidated net profit jumped 47.33% to Rs 360.10 crore on 45.59% rise in total income to Rs 692.08 crore in Q2 FY25 over Q2 FY24. Radico Khaitan added 1.33% after the company's standalone net profit jumped 32.82% to Rs 82.19 crore on 20.68% increase in net sales to Rs 1,116.30 crore in Q2 FY25 over Q2 FY24. Mahanagar Gas slipped 3.62% after the company reported 16.5% fall in standalone net profit to Rs 282.8 crore despite a 9% rise in net revenue from operations to Rs 1,711.62 crore in Q2 FY25 over Q2 FY24. Global Markets: European stock traded on lower as rounding off a largely negative week for global stocks as third-quarter earnings season has ramped up. Most Asian stocks advanced on Friday as investors looking ahead for Japan's general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The Bank of Japan's 2-day monetary policy meeting will start on Oct. 30. Tokyo's headline inflation rate fell to 1.8% in October from 2.2% the month before, with core inflation ' which strips out prices of fresh food ' also coming in at 1.8%, down from 2%. Japanese shares declined in anticipation of a hotly contested general election this Sunday. Concerns about potential currency market intervention by the Japanese government, as the yen approached three-month lows, also weighed on sentiment. Soft inflation data further pressured the yen. The October headline Tokyo Consumer Price Index (CPI) rose 1.8% year-over-year (YoY), compared to 2.2% in the previous month, according to the Statistics Bureau of Japan. U.S. equities were mixed on Thursday as investors prepared for a series of major tech earnings reports. Rising geopolitical tensions in the Middle East, with Israel threatening a strike against Iran, also dampened risk appetite. The Dow Jones Industrial Average fell 0.33%, while the S&P 500 rose 0.21%, and the NASDAQ Composite gained 0.76%. Tesla led the broader market index, surging nearly 22% after reporting third-quarter results that exceeded expectations. This marked its best day since 2013. Whirlpool and UPS also climbed after posting strong results. IBM dragged down the Dow, falling over 6% as its consulting revenue narrowly missed estimates. Boeing slipped 1.2% after its machinists rejected a new labor contract.Powered by Capital Market - Live

The frontline indices traded with substantial losses in morning trade. The Nifty traded below the 24,250 mark after hitting the day's high of 24,440.25 in early trade. Metal shares witnessed selling pressure for the fifth consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 438.02 points or 0.55% to 79,627.14. The Nifty 50 index lost 174.95 points or 0.72% to 24,224.45. In the broader market, the S&P BSE Mid-Cap index slipped 1.32% and the S&P BSE Small-Cap index fell 1.75%. The market breadth was positive. On the BSE, 696 shares rose and 2,841 shares fell. A total of 126 shares were unchanged. Result today: Bandhan Bank (down 4.59%), Bank of Baroda (down 2.51%), Bharat Electronics (down 2.17%), Bharat Petroleum (down 2.21%), Cholamandalam Investment and Finance (down 1.29%), Coal India (down 2.13%), CreditAccess Grameen (down 2%), DLF (down 2.76%), Eris Lifesciences (down 0.89%), Hindustan Petroleum (down 2.94%), ICRA (down 2.53%), IDBI Bank (down 3.13%), InterGlobe Aviation (down 2.03%), Inox Green Energy Services (down 3.78%), Inox Wind (down 2.70%), Inox Wind Energy (down 3.18%), JM Financial (down 0.95%), JSW Holdings (down 3.82%), JSW Steel (down 1.06%), Jubilant Pharmova (down 2.83%), MOIL (down 2.26%), NIIT (down 3.17%), NLC India (down 2.77%), Nuvama Wealth Management (down 2.48%) and Shriram Finance (down 2.85%) will declare their result later today. Buzzing Index: The Nifty Metal index declined 2.45% to 9,046.40. The index dropped 7.25% in five consecutive trading sessions. National Aluminium Company (down 5.90%), Hindustan Zinc (down 4.54%), Steel Authority of India (down 3.99%), Hindustan Copper (down 3.77%), Vedanta (down 3.03%), Jindal Steel & Power (down 2.61%), Jindal Stainless (down 2.61%), Adani Enterprises (down 2.49%), Tata Steel (down 2.34%) and Welspun Corp (down 2.19%) declined. Stocks in Spotlight: IndusInd Bank tumbled 17.34% after the bank reported 39.24% decline in standalone net profit to Rs 1,325.45 crore in Q2 FY25 as against Rs 2,181.47 crore posted in Q2 FY24. However, total income increased 9.91% year on year (YoY) to Rs 14,870.18 crore in the quarter ended 30 September 2024. Mahanagar Gas slipped 3.07% after the company reported 16.5% fall in standalone net profit to Rs 282.8 crore despite a 9% rise in net revenue from operations to Rs 1,711.62 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

However, total income increased 9.91% year on year (YoY) to Rs 14,870.18 crore in the quarter ended 30 September 2024. Net interest income (NII) stood at Rs 5,347 crore in Q2 FY25, registering a growth of 5% on YoY basis. Net interest margin (NIM) in Q2 FY25 was at 4.08% as compared to 4.29% registered in Q2 FY24. The bank's pre provision operating profit (PPOP) stood at Rs 3,591.77 crore in the September quarter, down 7.45% from Rs 3,880.89 crore reported in the same period a year ago. Operating expenses during the quarter was at Rs 3,932 crore, up 13.97% YoY. On asset quality front, the bank's gross NPA was at 2.11% of gross advances as on 30 September 2024 as against 1.93% as on 30 September 2023. The net NPA stood at 0.64% of net advances as on 30 September 2024 as compared to 0.57% as on 30 September 2023. The provision coverage ratio remained consistent at 70% as of September 30, 2024. Provisions and contingencies for the quarter ended September 30, 2024, were Rs 1,820 crore, compared to Rs 974 crore for the corresponding quarter of the previous year. This includes an increase of Rs 525 crore in contingent provisions as a prudent measure by the bank. Total loan-related provisions as of September 30, 2024, stood at Rs 8,412 crore (2.4% of the loan book). Deposits as on 30 September 2024 stood at Rs 4,12,397 crore as against Rs 3,59,548 crore, an increase of 15% over 30 September 2023. CASA deposits increased to Rs 1,47,944 crore with current account deposits at Rs 52,606 crore and savings account deposits at Rs 95,338 crore. CASA deposits comprised 37.87% of total deposits as at 30 September 2024. Advances as of September 30, 2024, were Rs 3,57,159 crore, compared to Rs 3,15,454 crore, representing an increase of 13% over September 30, 2023. The bank's total capital adequacy ratio as per Basel III guidelines stood at 16.51% as on 30 September 2024, as compared to 18.21% as on September 30, 2023. Tier 1 CRAR was at 15.21% as on September 30, 2024 compared to 16.15% as on September 30, 2023. Risk-Weighted Assets were at Rs 4,20,519 crore as against Rs 3,50,376 crore a year ago. Sumant Kathpalia, managing director and CEO, IndusInd Bank, said, 'The Indian economy continued resilient performance despite increasingly turbulent global landscape. The Banking industry however has seen continued competitive intensity for deposits and divergent trends for growth and asset quality in unsecured loans versus secured loans. IndusInd Bank too aligned its strategy focusing on ramping up retail deposit mobilization, maintaining traction on secured loans, de-growing unsecured loans and building conservative buffers on provisions. The outcomes for Q2 were evident in deposit growth of 15% YoY ahead of loan growth of 13% YoY. The NNPAs were stable at 0.64% with 70% provision coverage ratio. The Profit After Tax at Rs 1,331crore lower by 40% YoY as we build contingent provision buffer this quarter. The Capital Adequacy remains healthy at 16.51% and Liquidity Coverage at 118 % well above regulatory thresholds. The Bank thus has strengthened the balance sheet during the quarter and will look towards growth acceleration in tandem with underlying economy.' IndusInd Bank caters to both consumer and corporate customers. As of 30 September 2024, the bank's distribution network included 3,040 branches/ banking outlets and 3,011 ATMs, as against 2,631 branches/ banking outlets and 2903 ATMs as of September 30, 2023. The client base stood at approximately 41 million as on 30 September 2024. Shares of IndusInd Bank tumbled 15.12% to Rs 1085.50 on the BSE. Powered by Capital Market - Live

Net interest income (NII) stood at Rs 5,347 crore in Q2 FY25, registering a growth of 5% on YoY basis. Net interest margin (NIM) in Q2 FY25 was at 4.08% as compared to 4.29% registered in Q2 FY24. The bank's pre provision operating profit (PPOP) stood at Rs 3,591.77 crore in the September quarter, down 7.45% from Rs 3,880.89 crore reported in the same period a year ago. Operating expenses during the quarter was at Rs 3,932 crore, up 13.97% YoY. On asset quality front, the bank's gross NPA was at 2.11% of gross advances as on 30 September 2024 as against 1.93% as on 30 September 2023. The net NPA stood at 0.64% of net advances as on 30 September 2024 as compared to 0.57% as on 30 September 2023. The provision coverage ratio remained consistent at 70% as of September 30, 2024. Provisions and contingencies for the quarter ended September 30, 2024, were Rs 1,820 crore, compared to Rs 974 crore for the corresponding quarter of the previous year. This includes an increase of Rs 525 crore in contingent provisions as a prudent measure by the bank. Total loan-related provisions as of September 30, 2024, stood at Rs 8,412 crore (2.4% of the loan book). Deposits as on 30 September 2024 stood at Rs 4,12,397 crore as against Rs 3,59,548 crore, an increase of 15% over 30 September 2023. CASA deposits increased to Rs 1,47,944 crore with current account deposits at Rs 52,606 crore and savings account deposits at Rs 95,338 crore. CASA deposits comprised 37.87% of total deposits as at 30 September 2024. Advances as of September 30, 2024, were Rs 3,57,159 crore, compared to Rs 3,15,454 crore, representing an increase of 13% over September 30, 2023. The bank's total capital adequacy ratio as per Basel III guidelines stood at 16.51% as on 30 September 2024, as compared to 18.21% as on September 30, 2023. Tier 1 CRAR was at 15.21% as on September 30, 2024 compared to 16.15% as on September 30, 2023. Risk-Weighted Assets were at Rs 4,20,519 crore as against Rs 3,50,376 crore a year ago. Sumant Kathpalia, managing director and CEO, IndusInd Bank, said, 'The Indian economy continued resilient performance despite increasingly turbulent global landscape. The Banking industry however has seen continued competitive intensity for deposits and divergent trends for growth and asset quality in unsecured loans versus secured loans. IndusInd Bank too aligned its strategy focusing on ramping up retail deposit mobilization, maintaining traction on secured loans, de-growing unsecured loans and building conservative buffers on provisions. The outcomes for Q2 were evident in deposit growth of 15% YoY ahead of loan growth of 13% YoY. The NNPAs were stable at 0.64% with 70% provision coverage ratio. The Profit After Tax at Rs 1,331crore lower by 40% YoY as we build contingent provision buffer this quarter. The Capital Adequacy remains healthy at 16.51% and Liquidity Coverage at 118 % well above regulatory thresholds. The Bank thus has strengthened the balance sheet during the quarter and will look towards growth acceleration in tandem with underlying economy.' IndusInd Bank caters to both consumer and corporate customers. As of 30 September 2024, the bank's distribution network included 3,040 branches/ banking outlets and 3,011 ATMs, as against 2,631 branches/ banking outlets and 2903 ATMs as of September 30, 2023. The client base stood at approximately 41 million as on 30 September 2024. Shares of IndusInd Bank rose 0.53% to end at Rs 378.40 on the BSE. Powered by Capital Market - Live

Net profit of IndusInd Bank declined 39.55% to Rs 1331.29 crore in the quarter ended September 2024 as against Rs 2202.16 crore during the previous quarter ended September 2023. Total Operating Income rose 12.79% to Rs 12686.28 crore in the quarter ended September 2024 as against Rs 11247.78 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income12686.2811247.78 13 OPM %54.6660.67 - PBDT1779.732934.92 -39 PBT1779.732934.92 -39 NP1331.292202.16 -40 Powered by Capital Market - Live