IndusInd Bank's Stock Price Drops by 10% on October 25th, 2024.

Oct 25 2024 09:30 AM IST
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On October 25th, 2024, IndusInd Bank, a top private bank in India, saw a -10.0% decline in its stock price, hitting a new 52-week low. The stock is currently trading below all its moving averages, indicating a downward trend. Despite this, IndusInd Bank remains a largecap company in the banking industry, providing a variety of financial services to its customers.

IndusInd Bank ., one of the leading private banks in India, has seen a decline in its stock price on October 25th, 2024. The stock has lost -10.0% on this day, according to data from MarketsMOJO. The stock call for IndusInd Bank is currently 'Sell' by MarketsMOJO.

The stock price of IndusInd Bank has hit a new 52-week low of Rs.1199.95 on October 25th. The bank's performance today has underperformed the sector by -6.24%. The stock opened with a gap down of -6.17% and touched an intraday low of Rs.1199.95. It has since traded at this price with no range.

IndusInd Bank's moving averages show that the stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In comparison to the Sensex, IndusInd Bank's 1-day performance is -10.00%, while the Sensex has shown a performance of 0.21%. Over the past month, IndusInd Bank's performance has been -20.07%, while the Sensex has shown a performance of -5.80%.

Despite the decline in stock price, IndusInd Bank remains a largecap company in the banking industry. As a leading private bank in India, IndusInd Bank continues to serve its customers with a wide range of financial services.
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