Meanwhile, the BSE Sensex was up 88.60 points, or 0.55% to 16,126.11
On BSE, 2.97 lakh shares were traded in the counter as against average daily volume of 66,412 shares in the past one quarter.
The stock hit a high of Rs 291.45 and a low of Rs 280.25 so far during the day. The stock had hit a 52-week high of Rs 292 on 6 July 2011 and a 52-week low of Rs 181 on 31 January 2011.
The stock had outperformed the market over the past one month till 12 January 2012, gaining 11.68% compared with the Sensex's 1.05% gain. The scrip had also outperformed the market in past one quarter, gaining 10.60% as against 5.43% fall in the Sensex.
The large-cap private sector bank has an equity capital of Rs 467 crore. Face value per share is Rs 10.
The IndusInd Bank stock had surged 16.1% in three trading sessions to settle at Rs 285.40 on Thursday, 12 January 2012, from Rs 245.65 on Monday, 9 January 2012, after the bank posted strong Q3 December 2011 numbers during trading hours on Tuesday, 10 January 2012.
IndusInd Bank's net profit jumped 33.9% to Rs 205.96 crore on 49% growth in total income to Rs 1654.86 crore in Q3 December 2011 over Q3 December 2010. Net interest income (NII) rose 19% to Rs 430.65 crore in Q3 December 2011 over Q3 December 2010. Core fee income jumped 46% to Rs 250.34 crore in Q3 December 2011 over Q3 December 2010.
The asset quality of the bank remains healthy. The bank's ratio of net non-performing assets (NPAs) as of 31 December 2011 was at 0.29%, lower than 0.31% as on 30 September 2011 and 0.36% as on 31 December 2010.
The bank's CASA (Current Accounts and Savings Accounts) ratio stands at 26.52%.
The bank's capital adequacy ratio as on 31 December 2011 was 15.08% as against 15.45% as on 30 September 2011.
IndusInd Bank, which commenced its operations in 1994, caters to the needs of both consumer and corporate customers. The bank has 365 branches, and 674 ATMs (as on 31 December 2011), spread across 254 geographic locations of the country. The bank also has 2 representative offices, one each in London and Dubai.