NIFTY 22502.00 BANK 48199.50

Indbank Merchant Banking Services Limited
Share Price Target & Analysis

NSE:INDBANK

48.52

VWAP

48.85

Open

47.55

Close

48.85

High

47.80

Low

60.65

52 Week High

48.60 ⇧
0.35 (0.73%)

INDBANK

(FINANCIAL SERVICES)
66.7% Momentum

Sideways to Positive

24.50

52 Week Low

2.03

EPS

31.72

PE

2.59

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: INDBANK Share Price Financial Analysis & Valuation

Indbank Merchant Banking Services Limited (INDBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - General vertical. It is one of Micro Cap company with Market Capitalization of Rs 109.4 (in Cr). Total number of free float shares are 4.4 (in Lacs). Indbank Merchant Banking Services Limited is listed on NSE with Exchange ID - INE841B01017 and trading code is NSE:INDBANK with short name Indbank Merchan.

In the past 1 year, Indbank Merchant Banking Services Limited has declared an equity dividend of Rs 0 per share. At the current share price of INDBANK at Rs 48.60, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:INDBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INDBANK underlying value and future prospects. All of this data is available in INDBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:INDBANK, it is clearly understood that INDBANK is Economical performer in terms of earnings and profit margins with an EPS of 2.03. NSE:INDBANK book value per share as of today is 18.79. The current price to book ratio for INDBANK as of May 18, 2024 is 2.59.

Valuation of the Stock: The current valuation of INDBANK stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDBANK whether to BUY this stock at current valuation. The delivery percentage of INDBANK is 53.73% is very crucial parameter which shows that 53.73% investors are anticipating that the price of INDBANK share should go up with VWAP at 48.52.

Now, the main question is whether to BUY or SELL, NSE:INDBANK at current valuation.
As per latest Analysis No. #888:-

⇑ STRONG BUY INDBANK if All Greens

⇗ BUY INDBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD INDBANK (With Stop Loss) if only 1 Green

⇘ SELL INDBANK if NO Green Indicator

NSE: INDBANK Share Price Today (May 18, 2024)

(Indbank Merchant Banking Services Limited Daily Analysis on the basis of INDBANK Intraday Graph & Trend)

Indbank Merchant Banking Services Limited share price moved Up by 0.73% from its previous close of Rs 47.55. INDBANK stock last traded price is 48.60. INDBANK share price trend is Up with a total of 43982 stocks traded till now. It has touched an intraday high of Rs 48.85 and an intraday low of Rs 47.80. The INDBANK trading at 48.60, Up by Rs. 0.35, or 0.73 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up.

NSE: INDBANK Share Price Tomorrow Prediction

(Indbank Merchant Banking Services Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDBANK)

Indbank Merchant Banking Services Limited share price moved Up by 0.73%. INDBANK share price short term trend is Up. It suggests that INDBANK Share Price for Tomorrow remains the same with VWAP at 48.52 will be treated as stop loss for intraday traders. Indbank Merchant Banking Services Limited Long term investors can follow the INDBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: INDBANK

INDBANK Share Price Today

 48.60

INDBANK Share Price Target Prediction for 2024 ^

 41 - 61

INDBANK Share Price Target Prediction for 2025*^

 61 - 64.9

INDBANK Share Price Target Prediction for 2026*^

 64.9 - 69.4

INDBANK Share Price Target Prediction for 2027*^

 73

INDBANK Share Price Target Prediction for 2028*^

 75

INDBANK Share Price Target Prediction for 2030*^

 82
INDBANK Current Book Value 2023
18.7

*Indbank Merchant Banking Services Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^INDBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

INDBANK Technical Analysis

Candlestick Pattern: @47.85

INDBANK Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 47.24 BUY 47.56 BUY
MA_12 49.04 SELL 48.25 SELL
MA_20 48.97 SELL 48.37 SELL
MA_32 48.11 SELL 48.17 SELL
MA_50 47.37 BUY 47.72 BUY
MA_100 47.46 BUY 45.99 BUY
MA_200 39.66 BUY 40.89 BUY

INDBANK Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 48.97 Downtrend
MACD -0.43 SELL
ADX 15.42 NO or Weak Trend
DMI (+/-) 19.48 / 18.62 Uptrend

INDBANK Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 48.49 Neutral
STOCHASTIC_K (Fast) 51.67 Neutral
STOCHASTIC_D (Slow) 31.74 Neutral
CCI -58.48 Neutral
PSAR 52.3 SELL
TRUE RANGE 1.7 Neutral
ATR 2.46 Neutral
WILLIAMS R -77.56 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 42.94 Neutral
MOMENTUM -2.95 SELL

INDBANK Last 1 Year Trend

Duration Value
1 Year 83.69%
3 Months -16.71%
1 Month -5.81%
1 Week -3.04%

INDBANK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 33%
SELL 33%

Most popular Questions & Answers about INDBANK


Indbank Merchant Banking Services Limited stock last traded price is 48.60. INDBANK share price moved Up by 0.73% from its previous close of Rs 47.55.

Indbank Merchant Banking Services Limited share price trend is Up with a total of 43982 stocks traded till now. It has touched an intraday high of Rs 61.2565 and an intraday low of Rs 47.80. The INDBANK trading at 48.60, Up by Rs. 0.35, or 0.73 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up and the Stop Loss will be around 48.52.

The market cap of Indbank Merchant Banking Services Limited is ₹109.4 (in Cr) as of May 17, 2024.

The current price to earning ratio for Indbank Merchant Banking Services Limited as of May 17, 2024 is 31.72.

The current price to book ratio for Indbank Merchant Banking Services Limited as of May 17, 2024 is 2.59.

The highest price of Indbank Merchant Banking Services Limited stock is ₹60.65 in the last 52-week.

The lowest price of Indbank Merchant Banking Services Limited stock is ₹24.50 in the last 52-week.

Indbank Merchant Banking Services Limited share trading at ₹48.60, Up by Rs. 0.35, or 0.73 percent which suggests that most of the traders are anticipating that the price of INDBANK share should go Up.

In 2023, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹41 on downside and ₹61 on upside. Indbank Merchant Banking Services Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹61 on downside and ₹64.9 on upside. Indbank Merchant Banking Services Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹64.9 on downside and ₹69.4 on upside. Indbank Merchant Banking Services Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹75 Indbank Merchant Banking Services Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDBANK.

As per the fundamental analysis of Indbank Merchant Banking Services Limited (INDBANK), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.03. Indbank Merchant Banking Services Limited book value per share as of today is 18.79. The current price to book ratio for INDBANK as of May 18, 2024 is 2.59.


NSE:INDBANK News & Other Useful Information about INDBANK Share Price


Peer Comparison of NSE: INDBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Finance - General

Company Price EPS BV
UGROCAP 276.60 12.85 108.47
ICICIPRULI 590.20 5.91 70.04
AAVAS 1581.20 62 413.16
MOTILALOFS 2359.95 99.91 298.57
IIFL 401.00 16.25 158.01
CGCL 226.25 2.4 41.82
EDELWEISS 86.40 7.37 76.92
EQUITAS 120.30 11.2 50.46
INDOSTAR 250.00 5.26 227.96
MASFIN 290.80 15.11 99.46
Updated at: 17 May 2024 15:59

Feel free to contact us, in case of any queries.

SITEMAP 3518
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3059.75 -0.75 (-0.02%) | ADANIGREEN 1833.00 -11.40 (-0.62%) | ADANIPORTS 1335.70 -9.35 (-0.7%) | ADANITRANS 1035.15 4.15 (0.4%) | AMBUJACEM 620.70 5.30 (0.86%) | APOLLOHOSP 5953.05 21.35 (0.36%) | ASIANPAINT 2809.90 -4.15 (-0.15%) | ATGL 913.65 6.85 (0.76%) | AUROPHARMA 1185.70 20.65 (1.77%) | AXISBANK 1141.35 2.05 (0.18%) | BAJAJ-AUTO 8787.00 -84.85 (-0.96%) | BAJAJFINSV 1587.00 -9.00 (-0.56%) | BAJFINANCE 6727.40 -19.75 (-0.29%) | BALKRISIND 2797.75 133.20 (5%) | BANDHANBNK 182.65 1.50 (0.83%) | BANKBARODA 261.90 -1.00 (-0.38%) | BEL 248.20 10.30 (4.33%) | BERGEPAINT 494.10 2.25 (0.46%) | BHARTIARTL 1344.45 -0.65 (-0.05%) | BIOCON 305.85 0.10 (0.03%) | BOSCHLTD 31027.75 -13.80 (-0.04%) | BPCL 628.30 9.55 (1.54%) | BRITANNIA 5079.40 -7.40 (-0.15%) | CADILAHC 1051.40 42.40 (4.2%) | CIPLA 1399.05 -22.05 (-1.55%) | COALINDIA 470.25 1.95 (0.42%) | COLPAL 2682.00 -4.30 (-0.16%) | DABUR 536.00 -6.05 (-1.12%) | DIVISLAB 3909.00 -1.75 (-0.04%) | DLF 848.80 7.30 (0.87%) | DMART 4670.65 -12.25 (-0.26%) | DRREDDY 5825.00 25.45 (0.44%) | EICHERMOT 4693.90 12.15 (0.26%) | GAIL 208.90 5.00 (2.45%) | GLAND 1791.25 11.60 (0.65%) | GODREJCP 1295.10 -7.65 (-0.59%) | GRASIM 2423.65 51.05 (2.15%) | GUJGASLTD 556.50 5.60 (1.02%) | HAVELLS 1822.80 9.15 (0.5%) | HCLTECH 1333.20 -14.95 (-1.11%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3787.80 3.30 (0.09%) | HDFCBANK 1465.30 1.20 (0.08%) | HDFCLIFE 569.40 -0.80 (-0.14%) | HEROMOTOCO 5108.90 19.70 (0.39%) | HINDALCO 655.45 2.10 (0.32%) | HINDUNILVR 2320.35 -22.80 (-0.97%) | HINDZINC 588.00 4.70 (0.81%) | ICICIBANK 1130.50 -0.55 (-0.05%) | ICICIGI 1665.00 -4.55 (-0.27%) | ICICIPRULI 590.20 0.15 (0.03%) | INDIGO 4370.00 79.60 (1.86%) | INDUSINDBK 1412.35 3.60 (0.26%) | INDUSTOWER 344.45 3.45 (1.01%) | INFY 1443.65 -0.65 (-0.05%) | IOB 62.05 0.00 (0%) | IOC 164.05 1.20 (0.74%) | ITC 436.40 0.10 (0.02%) | JSWSTEEL 907.45 21.05 (2.37%) | KOTAKBANK 1696.55 24.50 (1.47%) | LT 3464.20 13.45 (0.39%) | LTI 4764.30 -6.90 (-0.14%) | LUPIN 1651.75 -11.20 (-0.67%) | M&M 2514.60 142.85 (6.02%) | MARICO 599.00 7.75 (1.31%) | MARUTI 12623.20 -18.30 (-0.14%) | MCDOWELL-N 1182.55 5.45 (0.46%) | MOTHERSUMI 129.35 2.10 (1.65%) | MUTHOOTFIN 1695.55 16.00 (0.95%) | NAUKRI 6200.30 -21.70 (-0.35%) | NESTLEIND 2507.45 61.95 (2.53%) | NMDC 276.65 11.65 (4.4%) | NTPC 365.45 4.00 (1.11%) | ONGC 279.55 2.10 (0.76%) | PEL 827.20 3.35 (0.41%) | PIDILITIND 2986.95 -31.15 (-1.03%) | PIIND 3590.00 -18.30 (-0.51%) | PNB 125.10 -0.05 (-0.04%) | POWERGRID 316.70 3.55 (1.13%) | RELIANCE 2870.10 -1.30 (-0.05%) | SAIL 169.90 3.00 (1.8%) | SBICARD 715.70 0.80 (0.11%) | SBILIFE 1434.20 -18.00 (-1.24%) | SBIN 821.00 3.15 (0.39%) | SHREECEM 26305.80 620.20 (2.41%) | SIEMENS 7198.85 13.50 (0.19%) | SRF 2280.35 9.60 (0.42%) | SUNPHARMA 1529.05 -7.25 (-0.47%) | TATACONSUM 1096.00 -3.75 (-0.34%) | TATAMOTORS 953.95 8.25 (0.87%) | TATAMTRDVR 638.50 1.75 (0.27%) | TATASTEEL 167.35 1.45 (0.87%) | TCS 3851.45 17.35 (0.45%) | TECHM 1305.65 0.25 (0.02%) | TITAN 3361.15 27.25 (0.82%) | TORNTPHARM 2710.40 11.70 (0.43%) | ULTRACEMCO 9890.35 181.25 (1.87%) | UPL 511.00 -0.25 (-0.05%) | VEDL 442.65 9.60 (2.22%) | WIPRO 461.00 -3.45 (-0.74%) |