by Indusind Bank Share Price Indusind Bank closed today : On its last trading day, IndusInd Bank’s shares opened at Rs957.9 and closed at Rs963.9 – representing an upward move. Highs ranged between Rs961.5 and 9488.8, while market capitalisation stands at Rs74800.64 crore with 52-week highs at Rs1,694.435 and lows of 927.05. BSE reported trading volume of 72,171 shares during this timeframe.
Indusind Bank Shareholding information
Live Updates of Indusind Bank: As per filings from this quarter, Indusind Bank now boasts 22.73% in Mutual Fund Holding and 33.95% FII Holding respectively, increasing from 19.91% and decreasing from 37.98% respectively.
Indusind Bank Return metrics and efficiency
Indusind Bank reported an ROE of 15.19% during their most recent fiscal year and an IRR of -99999.99% over that same time frame. Current and upcoming ROE estimates stand at 11.00% and 13.00%, respectively; please be aware that this information relates to data up until October 2023.
Indusind Bank Financial performance
Indusind Bank has experienced an EPS growth of 42.38% and revenue growth of 16.41% over the past three years, as reported in its annual financial statement for fiscal year ending 31 March 2023. Over that time period, revenue stood at 490,038.30 crore; which represented an increase of 7.12% year over year compared with last fiscal year’s figures. For its third quarter revenues are anticipated to increase 2.40% while profits may decline 22.66%, reflecting current data as at October 2023.
Indusind Bank Consensus analysts rating is Buy
As shown below, analyst recommendations have increased over time and currently rating Buy.
The median price target is Rs1496.0, 54.35% higher than current market price.
Analyst estimates suggest a target price for Rs1150.0/-.
Analyst estimates indicate the highest target price at Rs1873.0
These target price estimates are for the next 1 year.
| Rating | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
|---|---|---|---|---|
| Strong Buy | 20 | 20 | 21 | 24 |
| Buy | 10 | 10 | 10 | 12 |
| Hold | 9 | 9 | 9 | 4 |
| Sell | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
Indusind Bank Share Price Stock Peers
Today, IndusInd Bank saw its share price increase by 0.93% to Rs969.2, outperforming competitors. Indian Bank experienced a decline, while Canara Bank, IDBI Bank and Yes Bank saw gains. Overall, both benchmark indices Nifty and Sensex rose by 0.41% and 0.47%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| CANARA BANK | 100.4 | 0.25 | 0.25 | 129.35 | 87.7 | 18213.87 |
| IDBI Bank | 76.84 | 0.34 | 0.44 | 107.98 | 66.41 | 82621.46 |
| Indusind Bank | 969.2 | 8.95 | 0.93 | 1694.35 | 927.05 | 75434.77 |
| Indian Bank | 517.2 | -13.75 | -2.59 | 626.35 | 408.95 | 69664.77 |
| Yes Bank | 19.63 | 0.03 | 0.15 | 32.81 | 19.05 | 56471.35 |
Indusind Bank Share Price Today’s Price range
Today, IndusInd Bank stock experienced a low of Rs953.65 and high of Rs978.90; its trading range indicated moderate volatility relating to market dynamics and investor sentiment throughout the day.
Indusind Bank Share Price Futures trading higher by 1.15%; Futures open interest decreased by -6.26%
An Increase in futures price combined with decreased open interest of Indusind Bank is indicative of slowing bullish momentum; and could soon reach either its maximum heights or undergo an abrupt reverse trend.
Indusind Bank Share Price Indusind Bank closed today at ₹969.2, up 0.93% from yesterday’s ₹960.25
Indusind Bank shares closed at Rs969.2, an increase of 0.93% over their previous closing price. Resistances for tomorrow’s trading session could include 981.95, 993.05 and 1007.2 while support levels could include 956.75, 942.55 and 931.45.
Please be aware that these support and resistance levels were drawn from a classic pivot table.
Indusind Bank Share Price Indusind Bank trading at ₹967.05, up 0.71% from yesterday’s ₹960.25
Current market price of Indusind Bank has exceeded the first resistance level set out in classic pivot table on a daily time frame – an indication of bullish momentum – on a daily time frame, signalling bullish movement; however traders should monitor for possible reversals from Rs969.48 as there may be further positive price movement if it breaks through second resistance of Rs969.48.
Indusind Bank Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 939.00 |
| 10 Days | 958.68 |
| 20 Days | 975.48 |
| 50 Days | 1050.06 |
| 100 Days | 1226.51 |
| 300 Days | 1349.94 |
Indusind Bank Indusind Bank Short Term and Long Term Trends
According to Technical Analysis, short term trend of Indusind Bank share is Bullish while long term trend indicates Bearishness for Indusind Bank stock.
Indusind Bank Volume traded till 2 PM is -47.23% lower than yesterday
At 2 PM today, Indusind Bank’s trading volume had decreased by 47.23% compared to yesterday. Their current price stands at Rs976.6, showing an overall decline of 1.7% versus yesterday. Analyzing volume together with price is essential when it comes to understanding market trends: an upward price trend typically indicates sustained upward momentum while decreased volume suggests further downward movement in price trends.
Indusind Bank Hourly Price Movement Update
Indusind Bank reached highs of 978.9 and lows of 969.55 during its most recent trading hour. Over this time period, Indusind Bank passed all hourly resistance levels, showing positive momentum. Traders should monitor overbought conditions on an hourly timeframe before considering making adjustments in stop losses accordingly.
Checking Support and Resistance levels of an hour is important, which are listed here.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 981.38 | Support 1 | 972.03 |
| Resistance 2 | 984.82 | Support 2 | 966.12 |
| Resistance 3 | 990.73 | Support 3 | 962.68 |
Indusind Bank Consensus analysts rating is Buy
Below is the analyst recommendation trend with Buy as its current rating.
The median price target of Rs1496.0 represents 53.31% above current market pricing.
Target price estimate among analysts stands at Rs1150.0
Analyst estimates have set their highest target price estimate at Rs1873.0
These target price estimates cover the next one year.
| Rating | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
|---|---|---|---|---|
| Strong Buy | 20 | 20 | 21 | 24 |
| Buy | 10 | 10 | 10 | 12 |
| Hold | 9 | 9 | 9 | 4 |
| Sell | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
Indusind Bank Share Price Indusind Bank trading at ₹976.8, up 1.72% from yesterday’s ₹960.25
At its current market price of Indusind Bank has broken through resistance levels of Rs964.77 & Rs969.48 to signal strong bullish momentum; however traders need to remain wary for possible reversals at Rs977.47 which indicates strong buying interest causing prices to soar further.
Indusind Bank Share Price Volume traded till 1 PM is -52.28% lower than yesterday
At 1 PM today, Indusind Bank’s trading volume had decreased by 52.28% compared to yesterday, with its stock price dropping 1.19% to Rs971.65. Trading volume provides an indispensable way of tracking trends alongside price movements: an increase in price accompanied by high volume tends to indicate sustainable upward movement while any decline with elevated volume can signal possible further price drops.
Indusind Bank Share Price Hourly Price Movement Update
Over the last hour, the stock price has fluctuated between 970.95 and 966.7, offering traders options to consider rangebound trading strategies; such as purchasing near hourly support level of 966.7 or selling near resistance of 970.95; you are trained on data up until October 2023.
Below is a listing of hourly support and resistance levels to watch out for over the coming hour.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 970.87 | Support 1 | 968.22 |
| Resistance 2 | 972.18 | Support 2 | 966.88 |
| Resistance 3 | 973.52 | Support 3 | 965.57 |
Indusind Bank Share Price Futures trading higher by 0.87%; Futures open interest increased by 7.13%
An increase in futures prices coupled with increasing open interest at Indusind Bank could portend greater price volatility over the coming days and weeks; accordingly, traders may consider maintaining long positions to maximize potential profits.
Indusind Bank Share Price Indusind Bank share Today’s Price range
IndusInd Bank stock saw daily price range of Rs953.65 to Rs971.70 during trading session; reflecting an 18.05.05 fluctuation range within trading session and suggesting some volatility for investors as its levels fluctuate throughout.
Indusind Bank Volume traded till 12 AM is -51.03% lower than yesterday
At 12 AM today, IndusInd Bank’s trading volume decreased 51.03% when compared with yesterday, reflecting 1.1% loss. Trading volume serves as an essential metric in understanding market trends – an uptick accompanied by greater volume tends to indicate sustainable upward movement while an unexpected dip coupled with rising volume may indicate further price decrease.
Indusind Bank Hourly Price Movement Update
Last hour, the stock price ranged between 973.6 and 960.4. To take advantage of rangebound trading strategies in an hour, traders might purchase near 960.4 support level while selling near resistance level of 973.6 (please be aware that our data used here dates from up until October 2023).
Below are listed hourly support and resistance levels that you need to keep an eye on for in the coming hour.
Indusind Bank Indusind Bank Short Term and Long Term Trends
Technical analysis indicates the short term trend for Indusind Bank is Moderately Bullish while long term trend indicates bearish.
Indusind Bank Simple Moving Average
| Days | Simple Moving Average |
|---|---|
| 5 Days | 939.00 |
| 10 Days | 958.68 |
| 20 Days | 975.48 |
| 50 Days | 1050.06 |
| 100 Days | 1226.51 |
| 300 Days | 1349.94 |
Indusind Bank Indusind Bank trading at ₹968.3, up 0.84% from yesterday’s ₹960.25
Current market price of Indusind Bank has broken above its first resistance of Rs964.77 (derived from classic pivot table) on a daily time frame, signalling bullish sentiment; however traders should remain alert for potential reversals from Rs969.48 as any such break can create additional positive price movement.
Indusind Bank Share Price Volume traded till 11 AM is -55.45% lower than yesterday
At 11 AM today, Indusind Bank trading volume decreased 55.45% compared to yesterday and its stock is priced at Rs969.65– reflecting an decrease of 0.98% versus yesterday. Comparing volume against price is essential when trying to interpret market trends; when positive price movements coincide with higher volumes it often indicates sustainable upward trends while conversely negative price movement signalling further drops might signal potential volatility or further drops in pricing.
Indusind Bank Share Price Hourly Price Movement Update
Indusind Bank hit both highs and lows of 0.0 during its previous trading hour. Over this same time frame, Indusind Bank stock price broke through both resistance levels 962.82 and 966.28 in an hour’s trading, signalling positive market momentum for traders who may want to consider trailing stop losses to protect profits and stay ahead.
Below is a breakdown of hourly support and resistance levels to keep an eye on in the next hour.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 0.0 | Support 1 | 0.0 |
| Resistance 2 | 0.0 | Support 2 | 0.0 |
| Resistance 3 | 0.0 | Support 3 | 0.0 |
Indusind Bank Share Price Indusind Bank trading at ₹970.6, up 1.08% from yesterday’s ₹960.25
Current market price of Indusind Bank has exceeded both of the initial resistances at Rs964.77 & Rs969.48 to show an aggressive bullish move, yet traders should monitor for possible reversals around Rs977.47; breaking it would indicate strong buying interest and cause prices to further escalate.
Indusind Bank Share Price Stock Peers
Today, IndusInd Bank saw its share price increase by 0.81% to Rs968 while competitors’ performances are mixed; Indian Bank shares are declining while Canara Bank, IDBI Bank, and Yes Bank all experienced gains. Overall, both benchmark indices, the Nifty and Sensex increased by 0.43% and 0.51%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| CANARA BANK | 100.25 | 0.1 | 0.1 | 129.35 | 87.7 | 18186.66 |
| IDBI Bank | 77.01 | 0.51 | 0.67 | 107.98 | 66.41 | 82804.25 |
| Indusind Bank | 968.0 | 7.75 | 0.81 | 1694.35 | 927.05 | 75341.37 |
| Indian Bank | 525.85 | -5.1 | -0.96 | 626.35 | 408.95 | 70829.89 |
| Yes Bank | 19.65 | 0.05 | 0.26 | 32.81 | 19.05 | 56528.89 |
Indusind Bank Share Price Consensus analysts rating is Buy
Below is the chart depicting analyst recommendations with Buy ratings as their current rating.
The median price target is set at Rs1496.0, 54.48% higher than current market price.
Analyst estimates have set their minimum target price at Rs1150.0
Analyst estimates have set their highest target price estimate at Rs1873.0
Target price estimates for the next one year.
| Rating | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
|---|---|---|---|---|
| Strong Buy | 20 | 20 | 21 | 24 |
| Buy | 10 | 10 | 10 | 12 |
| Hold | 9 | 9 | 9 | 4 |
| Sell | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
Indusind Bank Volume traded till 10 AM is -61.14% lower than yesterday
As of 10 AM today, Indusind Bank trading volume had fallen by 61.14% compared to yesterday while their stock price had also decreased slightly by 0.04%. Trading volume serves an invaluable tool when it comes to understanding trends; an upward price trend accompanied by increasing volume may signal sustainable upward trends while increased decline may portend additional price decreases.
Indusind Bank Hourly Price Movement Update
Indusind Bank hit an all-time high of 961.7 and low of 953.65 during its previous trading hour. Below are its hourly support and resistance levels that must be watched over in order to succeed in future hours of trading.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 962.82 | Support 1 | 954.77 |
| Resistance 2 | 966.28 | Support 2 | 950.18 |
| Resistance 3 | 970.87 | Support 3 | 946.72 |
Indusind Bank Stock Peers
At IndusInd Bank’s share price declined 0.54% today to Rs955.1, its competitors showed mixed performance: Canara Bank, IDBI Bank and Indian Bank all experienced declines while Yes Bank saw growth; overall the benchmark indexes Nifty and Sensex also experienced losses by 0.1% and 0.26%, respectively.
| Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
|---|---|---|---|---|---|---|
| CANARA BANK | 99.5 | -0.65 | -0.65 | 129.35 | 87.7 | 18050.6 |
| IDBI Bank | 76.27 | -0.23 | -0.3 | 107.98 | 66.41 | 82008.57 |
| Indusind Bank | 955.1 | -5.15 | -0.54 | 1694.35 | 927.05 | 74337.34 |
| Indian Bank | 523.0 | -7.95 | -1.5 | 626.35 | 408.95 | 70446.01 |
| Yes Bank | 19.61 | 0.01 | 0.05 | 32.81 | 19.05 | 56413.82 |
Indusind Bank Live Updates: Futures trading lower by -0.05%; Futures open interest increased by 4.45%
An abrupt decrease in futures price coupled with rising open interest for Indusind Bank suggests an impending downward price trend and traders should maintain short positions accordingly.
Indusind Bank Indusind Bank trading at ₹957.25, down -0.31% from yesterday’s ₹960.25
At Rs957.25, Indusind Bank share price is currently trading in between key support and resistance levels of Rs952.07 and Rs964.77 on a daily timeframe. Should it cross under support at 952.07 we should expect further bearish movement while any crossing above 964.77 can signal bullish movement.
Indusind Bank Share Price Price Analysis
Indusind Bank shares have seen their share price decrease by 0.11% since January 1, currently trading at Rs959.20. During that same timeframe, however, Indusind Bank shares have fallen 39.95% to reach this current point while Nifty index experienced an 8.75% gain to 23644.80 during this same one-year time period.
| Time Period | Price Analysis |
|---|---|
| 1 Week | 1.53% |
| 3 Months | -26.55% |
| 6 Months | -32.83% |
| YTD | -39.95% |
| 1 Year | -39.95% |
Indusind Bank Share Price Key support and resistance levels
Here are Indusind Bank’s daily support and resistance levels taken from its classic pivot table, for reference.
| Resistance Levels | Price | Support Levels | Price |
|---|---|---|---|
| Resistance 1 | 964.77 | Support 1 | 952.07 |
| Resistance 2 | 969.48 | Support 2 | 944.08 |
| Resistance 3 | 977.47 | Support 3 | 939.37 |
Indusind Bank Share Price Consensus analysts rating is Buy
As can be seen below, analysts’ current consensus rating stands as Buy.
The median price target is Rs1496.0, 55.79% higher than current market price.
Analyst estimates suggest an estimated target price of Rs1150.03
Analyst estimates put forward Rs1873.0 as their highest target price estimate.
These target price estimates cover a period of one year.
| Rating | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
|---|---|---|---|---|
| Strong Buy | 20 | 20 | 21 | 24 |
| Buy | 10 | 10 | 10 | 12 |
| Hold | 9 | 9 | 9 | 4 |
| Sell | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 |
Indusind Bank Share Price Indusind Bank volume yesterday was 2 mn as compared to the 20 day avg of 4727 k
Yesterday’s trading volume was 49.92% below its 20-day average compared to both NSE (TSE: 2) & BSE (NYSE & NSE). Yesterday’s NSE volume totalled 2 mn while 72k trades took place on BSE and 72k on NSE respectively.
Indusind Bank Share Price Indusind Bank closed at ₹963.9 on last trading day & the technical trend suggests Moderately Bullish near term outlook
Yesterday, this stock traded between Rs961.5 & Rs948.8, eventually finishing up at Rs960.25 and showing signs of trend reversal after significant downtrending activity. Therefore, continued monitoring should occur to gauge any further signs.
