IndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 71350.57 Crore).
IndusInd Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 9488.06 Crore, up 1.34 % from last quarter Total Income of Rs 9362.76 Crore and up 8.66 % from last year same quarter Total Income of Rs 8731.52 Crore. The bank reported net profit after tax of Rs 1146.73 Crore in latest quarter.
Investment Rationale
Cup and Handle and breakout from the resistance zone with decent volume suggests further up move
Promoter/FII Holdings
Promoters held 16.54 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.44 per cent, DIIs 18.96 per cent.
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