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Indian Bank

(INDIANB)

₹530.351.4%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Indian Bank Analyst Rating

based on 11 analysts

BUY

81.82%

Buy

18.18%

Hold

0.00%

Sell

Based on 11 analysts offering long term price targets for Indian Bank. An average target of ₹650

Source: S&P Global Market Intelligence

Indian Bank Share analysis

Indian Bank price forecast by 11 analysts

Upside of24.27%

High

₹700

Target

₹650.00

Low

₹580

Indian Bank target price ₹650, a slight upside of 24.27% compared to current price of ₹530.35. According to 11 analysts rating.

Source: S&P Global Market Intelligence

Indian Bank Performance

  • Day's Low

    Day's High

    ₹504.5
    ₹534.9
  • 52 Week's Low

    52 Week's High

    ₹390.9
    ₹632.7
1 Month Return+ 2.1 %
3 Month Return-5.26 %
1 Year Return+ 24.28 %
Previous Close₹523.05
Open₹524.05
Volume17.17L
Upper Circuit-
Lower Circuit-
Market Cap₹70,452.95Cr

Indian Bank Key Statistics

P/E Ratio7.03
PEG Ratio0.37
Market Cap₹70,452.95 Cr
P/B Ratio1.34
EPS60.35
Dividend Yield2.3
SectorBanks
ROE17.1

Indian Bank Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹70,452.95 Cr66.71%NA₹8,419 Cr₹64,231 Cr
BUY₹88,720.04 Cr24.09%NA₹15,278 Cr₹1,39,164 Cr
HOLD₹47,607.25 Cr8.59%NA₹6,564 Cr₹67,488 Cr
BUY₹88,565.09 Cr20.32%NA₹13,797 Cr₹1,18,188 Cr
HOLD₹1,15,917.83 Cr11.89%NA₹9,107 Cr₹1,23,222 Cr

About Indian Bank

Indian Bank is a major public sector bank in India, incorporated in 1907 and headquartered in Chennai. It is one of the oldest and largest commercial banks in the country, with more than 5,000 branches across India.

Indian Bank offers a wide range of banking and financial services to its customers, including retail banking, corporate banking, NRI banking, international banking, MSME banking, agricultural banking, and government banking. Its major lines of business include deposits, loans, cards, digital banking, investments, and insurance.

The bank's top products include savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and prepaid cards. It also offers a range of digital banking services, such as internet banking, mobile banking, and UPI payments. Indian Bank is also known for its popular brands, such as Indian Bank Platinum Credit Card, Indian Bank Signature Debit Card, and Indian Bank UPI.

Share Price: ₹530.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹70,452.95Cr as of today
Revenue: ₹17,971.22Cr as on September 2024 (Q3 24)
Net Profit: ₹2,799.70Cr as on September 2024 (Q3 24)
Listing date: 01 Mar, 2007
OrganisationIndian Bank
HeadquartersChennai
IndustryBanks
E-voting on sharesClick here to vote

Key events for Indian Bank

  • Indian Bank Stock Performance on November 14, 2024 - 17 Nov, 2024

    On November 14, 2024, Indian Bank's stock closed at ₹536.95, 16.85% below its 52-week high of ₹644.30 and 37.38% above its low of ₹390.90. The stock traded between ₹533.05 and ₹549.50 with a volume of 4,83,595 shares.

Insights on Indian Bank

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, INDIANB has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 9 quarters, 1.28K Cr → 2.79K Cr (in ₹), with an average increase of 9.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.81% to 12.27% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 11.55K Cr → 17.97K Cr (in ₹), with an average increase of 4.3% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.84% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 18.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 3.90% to 3.82% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.38% to 4.99% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, INDIANB stock has moved down by -2.6%

Indian Bank Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹15,929.41Cr (-)₹16,315.35Cr (↑2.42%)₹17,065.49Cr (↑4.60%)₹17,117.76Cr (↑0.31%)₹17,971.22Cr (↑4.99%)
Net Income₹2,068.49Cr (-)₹2,205.63Cr (↑6.63%)₹2,295.61Cr (↑4.08%)₹2,570.40Cr (↑11.97%)₹2,799.70Cr (↑8.92%)
Net Profit Margin12.99% (-)13.52% (↑4.08%)13.45% (↓0.52%)15.02% (↑11.67%)15.58% (↑3.73%)
Value in ₹ crore
Details2021202220232024
Total Assets₹6,23,426.67Cr (-)₹6,71,668.05Cr (↑7.74%)₹7,11,526.13Cr (↑5.93%)₹7,93,735.69Cr (↑11.55%)
Total Liabilities₹6,23,426.67Cr (-)₹6,71,668.05Cr (↑7.74%)₹7,11,526.13Cr (↑5.93%)₹7,93,735.69Cr (↑11.55%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹8,400.87Cr (-)₹38,979.16Cr (↓563.99%)₹28,732.00Cr (↓26.29%)-₹27,943.14Cr (↓197.25%)-₹8,613.09Cr (↓69.18%)

Index Inclusions

Nifty Midcap 100

₹54,385.35

-0.3 (-162.9%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

S&P BSE Fin. Ser

₹11,180.30

-0.65 (-73.2%)

Nifty PSU Bank

₹6,318.90

-2.7 (-175.15%)

S&P BSE Bharat 22

₹8,583.74

-0.85 (-73.91%)

Nifty Midcap 150

₹20,180.90

-0.38 (-77.2%)

S&P BSE 250 LargeMidCap

₹10,169.78

-0.85 (-87.03%)

S&P BSE Enhanced Value

₹878.60

-0.88 (-7.82%)

Nifty LargeMidcap 250

₹15,236.40

-0.68 (-104.3%)

Nifty 200

₹13,129.70

-0.87 (-115.1%)

S&P BSE 150 MidCap

₹15,286.70

-0.37 (-56.05%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

S&P BSE PSU

₹18,694.00

-1.57 (-297.32%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE 200

₹10,722.03

-0.87 (-93.59%)

BSE Mid-Cap

₹44,467.99

-0.37 (-162.97%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Indian Bank Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.84%
0.00
Foreign Institutions
4.99%
-7.30
Mutual Funds
12.27%
3.82
Retail Investors
3.82%
-1.87
Others
5.08%
0.28

Indian Bank Key Indicators

Details20202021202220232024
Return On Equity %4.2611.6111.2513.3117.1
Details20202021202220232024
Return On Assets %0.280.510.620.781.06
Details20202021202220232024
Book Value Per Share (₹)373.97298.42311.06348.47402.93
Details20202021202220232024
Earning Per Share (₹)12.4526.732.0742.860.35

Indian Bank Valuation

Indian Bank in the last 5 years

  • Overview

  • Trends

Lowest (2.26x)

March 30, 2020

Today (7.03x)

November 19, 2024

Industry (15.21x)

November 19, 2024

Highest (36.28x)

June 3, 2019

LowHigh

Indian Bank Earnings and Dividends

  • Indian Bank Earnings Results

    Indian Bank’s net profit jumped 35.35% since last year same period to ₹2,799.70Cr in the Q2 2024-2025. On a quarterly growth basis, Indian Bank has generated 8.92% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Indian Bank Dividends May,2024

    In the quarter ending March 2024, Indian Bank has declared dividend of ₹12 - translating a dividend yield of 3.94%.

    Read More about Dividends

Indian Bank Technicals Summary

Bearish

Neutral

Bullish

Bearish

Indian Bank is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Indian Bank

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Indian Bank (INDIANB) share price today is ₹530.35

Indian Bank is listed on NSE

Indian Bank is listed on BSE

  • Today’s highest price of Indian Bank is ₹534.9.
  • Today’s lowest price of Indian Bank is ₹504.5.

PE Ratio of Indian Bank is 7.03

PE ratio = Indian Bank Market price per share / Indian Bank Earnings per share

Today’s traded volume of Indian Bank(INDIANB) is 17.17L.

Today’s market capitalisation of Indian Bank(INDIANB) is ₹70452.95Cr.

Indian Bank(INDIANBPrice
52 Week High
₹632.7
52 Week Low
₹390.9

Indian Bank(INDIANB) share price is ₹530.35. It is down -16.18% from its 52 Week High price of ₹632.7

Indian Bank(INDIANB) share price is ₹530.35. It is up 35.67% from its 52 Week Low price of ₹390.9

Indian Bank(INDIANBReturns
1 Day Returns
7.3%
1 Month Returns
2.1%
3 Month Returns
-5.26%
1 Year Returns
24.28%