IndusInd Bank hits 52-week high after Q1 business update

IndusInd Bank shares gained 3% to hit a fresh 52-week high of ₹1,005.65, extending their rally to a fifth session. Q1 FY27 deposits rose 4.5% year-on-year and 3.8% sequentially, while net advances declined 2.3% annually. The management expects credit costs to improve as asset quality strengthens.