IndusInd Bank soars on entering into strategic partnership with MoEngage

IndusInd Bank is currently trading at Rs. 832.55, up by 8.60 points or 1.04% from its previous closing of Rs. 823.95 on the BSE.

The scrip opened at Rs. 826.50 and has touched a high and low of Rs. 834.55 and Rs. 826.50 respectively. So far 21559 shares were traded on the counter.

indusind bank surges on the bse
indusind bank surges on the bse

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1241.85 on 28-Oct-2021 and a 52 week low of Rs. 763.75 on 23-Jun-2022.

Last one week high and low of the scrip stood at Rs. 839.80 and Rs. 782.85 respectively. The current market cap of the company is Rs. 64376.15 crore.

The promoters holding in the company stood at 16.52%, while Institutions and Non-Institutions held 68.18% and 15.30% respectively.

IndusInd Bank has entered into strategic partnership with MoEngage, the insights-led customer engagement platform to deliver a differentiated digital experience across multiple customer journeys.

As part of the partnership, the bank will leverage MoEngage’s technology platform to deliver ‘Gen Z’ digital banking experience to its customers. The bank will be able to curate personalized content & recommendations across channels where the customers spend most of their time.

IndusInd Bank is one of the fastest-growing banks in the banking sector in India.

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