IndusInd Bank Hits 52-Week Low Amid Ongoing Performance Struggles

Jan 27 2025 11:05 AM IST
share
Share Via
IndusInd Bank has hit a new 52-week low, reflecting significant volatility and a decline of 4.21% over the past three days. The bank's performance has been challenging, with a 38.74% drop over the past year, contrasting with the Sensex's 6.66% gain during the same period.
IndusInd Bank has experienced significant volatility today, reaching a new 52-week low of Rs. 926.75. This decline marks a notable moment for the large-cap private bank, which has underperformed its sector by 1.47%. Over the past three days, the stock has faced consecutive losses, accumulating a total decline of 4.21%.

Intraday trading saw the stock hit a low of Rs. 926.75, reflecting a decrease of 2.49% from the previous close. In terms of technical indicators, IndusInd Bank is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term.

Looking at the broader picture, the bank's performance over the past year has been challenging, with a decline of 38.74%, contrasting sharply with the Sensex, which has gained 6.66% during the same period. These metrics highlight the ongoing struggles faced by IndusInd Bank in a competitive banking landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News