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News Details

( As on 11/03/2025 11:41)

IndusInd Bank shares plunge 23%, hit 52-week low amid derivatives discrepancies

IndusInd Bank's stock plummeted 23% in Tuesday's morning trade, marking its fifth consecutive session of decline, following the disclosure of discrepancies in its derivatives portfolio.

On the BSE, the stock tumbled 22.8%, reaching the lower circuit at Rs 695.25 per share, its lowest level in 52 weeks. Similarly, on the NSE, the stock dropped 21.67%, hitting a 52-week low of Rs 705.35 per share.