At 1259 hrs, IndusInd Bank was quoting Rs 1686.75, up 1.94 percent on the BSE.
Moneycontrol News
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Shares of IndusInd Bank added nearly 2 percent intraday on April 24 after National Company Law Tribunal (NCLT) reportedly approved merger with Bharat Financial Inclusion (BFIL).
According to a report in The Economic Times, the merger will be completed within 2-4 weeks.
Post-merger, BFIL will become a subsidiary of the private lender.
The share of the bank touched its 52-week high of Rs 2,037.90 and 52-week low of Rs 1,333.90 on August 3, 2018 and October 31, 2018, respectively.
At 1259 hrs, IndusInd Bank was quoting at Rs 1686.75, up 1.94 percent on the BSE.First Published on Apr 24, 2019 01:16 pm
