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IndusInd Bank trades at Rs 1014.8 with P/E of 59.55, while Kotak Bank falls to Rs 422.05

Shares of IndusInd Bank rose slightly today, trading above technical resistance levels, whereas Kotak Bank declined as market data updated for the morning.

IndusInd Bank share prices climbed during early sessions on September 7, 2026, recording a closing value of Rs 1014.8 at 10:30 AM IST. The stock sits just above its second resistance level (R2) at Rs 1015.63 and maintains a market capitalization of approximately Rs 78.4 billion. Technical metrics show a price-to-earnings ratio of 59.55 and earnings per share of 16.97, with trading volume reaching 346,203 shares today. Conversely, Kotak Bank experienced a minor daily decline, settling at Rs 422.05 by 11:58 AM IST. Although the bank is currently priced below its seven-day simple moving average of Rs 423.23, it has posted positive momentum over the last six months with returns exceeding 5%. Market data indicates a daily drop of roughly 0.49% for Kotak Bank, contrasting sharply with IndusInd's slight upward trend. Both institutions were monitored closely by investors seeking updated figures on their respective valuations and trading activity during this period.

Indusind bankKotak bankIndian banksEquity marketsShare pricesRs 1014.8September 7 2026