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Equity | News | Hot Pursuit
Hot Pursuit
IndusInd Bank snaps 8-day losing streak
(12:00, 26 Mar 2020)

Shares of IndusInd Bank slumped 62.53% in the past eight trading sessions to settle at Rs 301.20 yesterday, 25 March 2020, from its close of Rs 804 on Friday, 13 March 2020. The stock hit its 52-week low at Rs 301.20 yesterday, 25 March 2020.

The bank's standalone net profit jumped 32% to Rs 1,300.20 crore on a 25.5% surge in total income to Rs 9,073.93 crore in Q3 December 2019 over Q3 December 2018.

IndusInd Bank is engaged in banking and para-banking services. The bank is involved in accepting deposits, such as savings accounts, current accounts and fixed deposits, and banking solutions.

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