IndusInd Bank rises Monday, outperforms market

IndusInd Bank rises Monday, outperforms market

Shares of IndusInd Bank Ltd. 532187, -0.20% rose 4.16% to 1,195.20 Indian rupees Monday, on what proved to be an all-around great trading session for the stock market, with the S&P BSE Sensex Index 1, -0.19% rising 1.20% to 60,566.42.

IndusInd Bank Ltd. closed 80.05 rupees below its 52-week high (1,275.25 rupees), which the company achieved on September 20.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Union Bank of India UNIONBANK, 0.44% rose 18.80% to 80.25 rupees and State Bank of India SBIN, -0.40% rose 4.02% to 597.10 rupees.

Trading volume (33,802) remained 102,358 below its 50-day average volume of 136,160.

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