IndusInd Bank Shares End Over 1% Higher

New Delhi: Shares of IndusInd Bank rose over 1 per cent on Tuesday after the private sector lender reported a 46 per cent jump in net profit at Rs 2,043 crore for the March quarter.

The company’s scrip closed at Rs 1,121.50, up 1.76 per cent, on the BSE. It closed at Rs 1,119.95 per piece, up 1.63 per cent, on the NSE. ,Also read: Meta fires employee who is 30 weeks pregnant; check what happened next,

In terms of volume, 1.96 lakh shares of the company were traded on BSE and 52.68 lakh shares on NSE. ,ALSO READ: Cognizant CEO Brian Humphries sacked: Check out the list of 10 CEOs of IT giants,

The 30-share BSE Sensex closed at 60,130.71, up 74.61 points or 0.12 per cent.

The bank on Monday reported a 46 per cent jump in its March quarter net profit at Rs 2,043 crore on provisioning and strong core income.
The private sector lender said core net interest income grew 17 per cent to Rs 4,669 crore on 21 per cent loan growth and a 0.08 per cent expansion in net interest margin to 4.28 per cent.