Fixing Light Bulbs Augurs 700% IndusInd Surge Luring BlackRock

Fixing Light Bulbs Augurs 700% IndusInd Surge Luring BlackRock

Dhiraj Singh/Bloomberg

Pedestrians walk past an IndusInd Bank Ltd. branch in Mumbai. IndusInd, which has the second-highest price-to-earnings ratio in India, behind HDFC Bank at 25.6, is the country’s eighth-largest bank by market valuation.