Shares of IndusInd Bank climbed nearly 4 per cent on Wednesday morning after the company reported a 30 per cent jump in its consolidated net profit in the April-June quarter. The stock gained 3.81 per cent to hit its 52-week high of ₹1,443.35 on the BSE. At the NSE, it jumped 3.82 per cent to reach its 52-week high of ₹1,443.40. IndusInd Bank on Tuesday reported a 30 per cent jump in its consolidated net profit in the April-June quarter at ₹2,124.50 crore, helped by core income growth and lower bad loan provisions. The other income was up 14 per cent to ₹2,210 crore, while the overall deposits rose 15 per cent.

Source: The Hindu July 19, 2023 13:34 UTC