IndusInd General Insurance names Sharad Mathur as Managing Director & CEO
Indusind Bank set out an expansion.
· BS Companies, LiveMint Companies
IndusInd General Insurance Company Ltd (formerly Reliance General Insurance), part of IndusInd International Holdings Ltd (IIHL) Group, on Tuesday announced the appointment of Sharad Mathur as its Managing Director & CEO, following statutory approvals.
The analysis
Against that, the stock is -3.5% on the day at ₹838.00, and has returned -17.1% over three months. It sits 22% below its 52-week high. The banks sector has moved -6.0% over the same period, so Indusind Bank is running 11.1 points behind its peers.
For Indusind Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- The 4 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 1 of 4 are higher: ICICI Lombard leads at +0.5% and Indusind Bank trails at -3.5%.
- Over three months: Indusind Bank -17.1% against Banks -6.0% (11.1 points behind); Reliance Industries -9.9% against Oil & Energy -5.7% (4.2 points behind); State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind); ICICI Lombard -3.5% against Insurance -13.4% (9.9 points ahead).
- At least 25% below the 52-week high: Reliance Industries (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Indusind BankINDUSINDBK · Banks | ₹838.00 | -3.5% | -7.0% | -17.1% | -21.6% | 0.9× | — |
| Reliance IndustriesRELIANCE · Oil & Energy | ₹1,164.90 | -0.2% | -1.9% | -9.9% | -26.8% | 1.0× | — |
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
| ICICI LombardICICIGI · Insurance | ₹1,580.80 | +0.5% | -0.6% | -3.5% | -22.6% | 0.4× | — |
Banks
1M -3.4% · 3M -6.0%
Indusind Bank, State Bank of India (SBI)
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries
Insurance
1M -5.4% · 3M -13.4%
ICICI Lombard
Financial Services
1M -8.8% · 3M -14.9%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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