IndusInd Bank declares dividend of ₹14, check details here
1 year, 8 months ago

IndusInd Bank declares dividend of ₹14, check details here

Live Mint  

Private lender IndusInd Bank on Monday declared a dividend of ₹14 per equity share of ₹10 each. IndusInd Bank on Monday reported a rise of 49.88 per cent in standalone net profit of ₹2040.51 crore crore for the quarter ended March 31 2023. IndusInd Bank reported that other income came at ₹2,154 crores for the quarter ended March 31,2023 as against ₹1,903 crores for the corresponding quarter of previous year, grew by 13% YoY. Today the stock has underperformed but considering the overall bank nifty performance, we sense any further dip would be an buying opportunity," said Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One.

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