Market Performance
On Wednesday, IndusInd Bank's share price opened positively at ₹782.45 apiece compared to the previous close of ₹782 on the BSE. The stock touched an intraday high of ₹787.10 but later slipped by 1.47% to ₹770.45, reflecting investor caution ahead of the Q4 FY25 earnings.
As of 10:30 AM, the share was trading 1.10% lower at ₹773.40 apiece on the BSE.
Main News: Q4 Results Awaited Amid Ongoing Scrutiny
IndusInd Bank is scheduled to release its financial results for the fourth quarter (Q4 FY25) and the full financial year 2024-25 today, May 21, 2025. The results come at a crucial time, as the bank faces investigations into accounting discrepancies linked to its derivatives portfolio.
The controversy has already led to the resignations of key executives, including:
- MD & CEO Sumant Kathpalia
- Deputy CEO and Whole Time Member Arun Khurana
- CFO Gobind Jain
The impact of the accounting issues is substantial, reportedly hitting the bank's profit by approximately ₹1,960 crore.
Company Details
IndusInd Bank, a primary private-sector lender, is under pressure amid:
- Weak earnings expectations
- Stress in the Microfinance (MFI) portfolio
- Rising Non-Performing Assets (NPAs)
Summary
The IndusInd Bank share price remains under pressure as the market anticipates weak Q4 earnings and navigates through the aftershocks of recent accounting issues. With a significant decline in operating profits and rising provisions, investor sentiment has turned cautious.
While the stock has seen a 26% drop over the past three months and a 45% fall in the last year.
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