Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
The bank first flagged the issue on 10 March 2025, and was quick to initiate both internal and external reviews. In its latest statement, IndusInd said it would reflect the impact in FY25 financials and strengthen internal controls to prevent future lapses in derivative accounting operations. Investors welcomed the bank’s transparency and timely disclosures.
The stock’s rebound was also aided by value buying. After months of underperformance—down 43% in six months and nearly 49% over a year—bargain hunters returned, finding the bank’s current valuation too attractive to ignore.
IndusInd Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.
The bank’s standalone net profit declined 39% to Rs 1,401.28 crore while total income increased 8.5% YoY to Rs 15,151.01 crore in Q3 FY25 over Q3 FY24.
IndusInd Bank Ltd rose for a third straight session today. The stock is quoting at Rs 779.15, up 5.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 23350.4. The Sensex is at 76757.9, up 0.03%. IndusInd Bank Ltd has added around 15.02% in last one month.
Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has added around 9.16% in last one month and is currently quoting at 52379.5, up 0.77% on the day. The volume in the stock stood at 181.17 lakh shares today, compared to the daily average of 125.42 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 777, up 5.56% on the day. IndusInd Bank Ltd is down 47.15% in last one year as compared to a 6.16% gain in NIFTY and a 12.14% gain in the Nifty Bank index.
The PE of the stock is 7.93 based on TTM earnings ending December 24.
In the cash market, the Nifty 50 jumped 108.65 points or 0.47% to 23,437.20.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.61% to 15.87.
IndusInd Bank, HDFC Bank and Infosys were the top trading individual stock futures contracts in the F&O segment of the NSE.
The April 2025 F&O contracts will expire on 24 April 2025.
Birlasoft and Hindustan Copper shares are banned from F&O Trading on 7 April 2025.
Stocks to Watch:
IndusInd Bank’s total deposits jumped 6.8% to Rs 4,11,140 crore as of 31st March 2025 as compared with Rs 3,84,793 crore as of 31st March 2024.
Force Motors’ domestic sales jumped 11.02% to 3,606 units in March 2025, as against 3,248 units sold in March 2024.
Indian Bank’s total deposits jumped 7.12% to Rs 7.37 lakh crore as of 31st March 2025 as compared with Rs 6.88 lakh crore as of 31st March 2024.
Godrej Properties has entered into an agreement for development of a prime land parcel in Versova, Mumbai. This project is estimated to have a developable potential of approximately 4.4 lakh square feet of saleable area, with an estimated revenue potential of nearly Rs 1,350 crore.
Bajel Projects' board of directors has appointed Nitesh Bhandari as chief financial officer (CFO) & joint president of the company, effective from 1 May 2025.
KSB has received letter of award for a solar water project worth Rs 14 crore from Tripura Renewable Energy Development Agency. It secured another letter of award for a solar water project worth Rs 49 crore from Maharashtra State Electricity Distribution.
Aurobindo Pharma’s wholly owned step-down subsidiary, CuraTeQ Biologics s.r.o, has received permission from European Commission (EC) to market Dyrupeg in European Union.
Net advances increased 1.4% to Rs 3,47,933 crore as of 31st March 2025 as compared with Rs 343,298 crore as of 31st March 2024. Net advances in corporate banking declined by 4.9% YoY and 15.1% QoQ, while consumer business advances increased by 6.3% YoY and 3.4% QoQ.
The daily average Liquidity coverage ratio (LCR) for Q4FY25 was at 118.4% and 136.2% as at March 31, 2025.
CASA ratio declined to 32.8% as of 31st March 2025 as against 37.9% as of 31st March 2024.
IndusInd Bank provides banking experience for its diverse range of stakeholders, including government entities, PSUs, retail customers, and large corporations. The bank offers a wide range of products and services, including microfinance, personal loans, debit and credit cards, SME loans, advanced digital banking solutions, affluent and NRI banking services, vehicle financing, and innovative ESG-linked financial products.
The bank’s standalone net profit declined 39% to Rs 1,401.28 crore in Q3 FY25 as compared with Rs 2297.85 crore in Q3 FY24. Total income increased 8.5% YoY to Rs 15,151.01 crore in Q3 FY25.
The counter declined 3.83% to end at Rs 682.25 on Friday, 4 April 2025.
IndusInd Bank shares are banned from F&O trading on 25th March 2025.
HCL Technologies has announced a strategic partnership with Western Union to drive innovation and transformation in the financial services industry. Both companies will establish an advanced technology center in Hyderabad, India, which will further enhance Western Union's global technology capabilities and create new opportunities for innovation and talent development.
Rail Vikas Nigam (RVNL) emerged as lowest bidder for a Central Railway project worth Rs 115.79 crore. The project involves OHE modification work for the upgradation of the existing 1x25 KV electric traction system to 2x25 KV at the feeding system in the Itarsi-Amla section in the Nagpur division of Central Railway to meet the 3000 MT loading target.
Garden Reach Shipbuilders & Engineers (GRSE) signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of 7th & 8th multi-purpose vessel (MPV) of 7,500 DWT, in Hamburg, Germany. This contract is in line with the ‘Option Agreement’ signed between both the parties, for procurement of four additional MPVs from GRSE.
Brigade Enterprises acquired a 4.4-acre land parcel in East Bengaluru for the development of a residential project with a total development potential of 0.6 million square feet and a gross development value of approximately Rs 950 crore.
Sterling & Wilson Renewable Energy appointed Ajit Pratap Singh as the chief financial officer(CFO), effective March 24. Further, Sandeep Mathew has ceased to be the interim CFO of the company and will continue with his role as Head of Investor Relations.
Hyundai Motor India’s board approved an investment of upto Rs 694 crore for establishing and operating a tooling centre in India.