Sudarshan Sukhani prefers IndusInd Bank

Sep 05, 2013, 02.23 PM IST

Sudarshan Sukhani of s2analytics.com prefers IndusInd Bank as the stock is breaking out of the base.

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Sudarshan Sukhani of s2analytics.com prefers IndusInd Bank as the stock is breaking out of the base.

Like this story, share it with millions of investors on M3

Sudarshan Sukhani prefers IndusInd Bank

Sudarshan Sukhani of s2analytics.com prefers IndusInd Bank as the stock is breaking out of the base.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " IndusInd Bank is now breaking out of the base. Between YES Bank and IndusInd Bank, I would prefer IndusInd Bank."

At 14:21 hrs IndusInd Bank was quoting at Rs 393.60, up Rs 25.95, or 7.06 percent. It has touched an intraday high of Rs 414.70 and an intraday low of Rs 382.00.

The share touched its 52-week high Rs 530.60 and 52-week low Rs 311.90 on 27 May, 2013 and 11 September, 2012, respectively. Currently, it is trading 25.82 percent below its 52-week high and 26.19 percent above its 52-week low. Market capitalisation stands at Rs 20,627.81 crore.

Bergaya Sehat