IndusInd Bank has been in the thick of things since the year began. The bank raised $500 million as a three-year term loan from overseas investors. Later, in March, it gobbled up microfinance major Bharat Financial Inclusion. Continuing with its M&A spree, the bank bought out IL&FS Securities. Following this move, the bank’s stock hit a 52-week high of Rs.1,995 on 27th June. In fact, since January while the Nifty Bank Index has gained 4.36%, the stock has surged 21%.
IndusInd Bank CEO Romesh Sobti makes the most of the rally by taking home ₹78 million
Summer wine and salad
Kishore Singh - January 19, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Every crisis is an opportunity, if you are on the right side of equities
Samir Arora - May 04, 2021
Viraj Mehta trusts the toughness and bounce of a company that has seen many trials
Viraj Mehta - May 04, 2021
Safir Anand spots a mid-sized company with the right chemistry and catalytic circumstances
Safir Anand - May 07, 2021