New Delhi: Shares of IndusInd Bank ended more than 1 percent higher on Tuesday after the private sector lender registered a 46 percent jump in its March quarter net profit at Rs 2,043 crore.
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he stock of the company climbed 1.76 percent to settle at Rs 1,121.50 apiece on the BSE. On the NSE, it rose 1.63 percent to close at Rs 1,119.95 per piece
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In volume terms, 1.96 lakh shares of the company were traded on the BSE and 52.68 lakh shares on the NSE during the day.
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The 30-share BSE Sensex ended 74.61 points or 0.12 percent higher at 60,130.71 points.
The bank on Monday reported a 46 percent jump in its March quarter net profit at Rs 2,043 crore on a dip in provisions and stronger core income.
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The core net interest income rose 17 per cent to Rs 4,669 crore on a 21 per cent loan growth and a 0.08 per cent expansion in the net interest margin to 4.28 per cent, the private sector lender said.
