Indusind Bank, the private sector lender witnessed a gain in share price on Monday after the bank reported a rise of 30.27% in second quarter profit. The bank reported a profit of Rs 4.30 billion for the quarter ended Sept. 30, 2014, compared with Rs 3.30 billion, a year ago. Analysts on average had predicted net profit of Rs 4.12 billion.

Quarterly income totalled at Rs 29.37 billion, an increase of 20.60% over Rs 24.35 billion in the same period a year ago.

Shares of the bank are trading at Rs 636.90, up Rs 13.6, or 2.18% at the Bombay Stock Exchange (BSE) on Monday at 3:10 p.m.

The scrip has touched an intra-day high of Rs 648 and low of Rs 623.25. The total volume of shares traded at the BSE is 249,815.