Indbank Merchant Banking Services Limited
Share Price Target & Analysis

NSE:INDBANK

23.51

VWAP

23.91

Open

23.91

Close

24.37

High

22.65

Low

42.48

52 Week High

23.12 ⇩
-0.79 (-3.3%)

INDBANK

(FINANCIAL SERVICES)
2.4% Momentum

Watch Carefully

22.65

52 Week Low

1.66

EPS

14.45

PE

1.01

PB

Standard
Quality

Bronze
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 SME Stocks 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 23.12, 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 Standard performer in terms of earnings and profit margins with an EPS of 1.66. NSE:INDBANK book value per share as of today is 22.79. The current price to book ratio for INDBANK as of Oct 23, 2026 is 1.01.

Valuation of the Stock: The current valuation of INDBANK stock is like Bronze which means currently the stock is Reasonably Priced. 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 11577% is very crucial parameter which shows that 11577% investors are anticipating that the price of INDBANK share should go up with VWAP at 23.51.

Now, the main question is whether to BUY or SELL, NSE:INDBANK at current valuation.
As per latest Analysis No. #2451:-

⇑ 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 (Oct 23, 2026)

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

Indbank Merchant Banking Services Limited share price moved Down by -3.3% from its previous close of Rs 23.91. INDBANK stock last traded price is 23.12. INDBANK share price trend is Down with a total of 27035 stocks traded till now. It has touched an intraday high of Rs 24.37 and an intraday low of Rs 22.65. The INDBANK trading at 23.12, Down by Rs. -0.79, or -3.3 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Down.

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 Down by -3.3%. INDBANK share price short term trend is Down. It suggests that INDBANK Share Price for Tomorrow remains the same with VWAP at 23.51 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

23.12

INDBANK Share Price Target Prediction for 2026 ^

23.7 - 34.6

INDBANK Share Price Target Prediction for 2027*^

34.6 - 45.5

INDBANK Share Price Target Prediction for 2028*^

45.5 - 48.7

INDBANK Share Price Target Prediction for 2029*^

51

INDBANK Share Price Target Prediction for 2030*^

53

INDBANK Share Price Target Prediction for 2035*^

57
INDBANK Current Book Value
22.7

*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 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.


INDBANK Technical Analysis

Candlestick Pattern: @26.61

INDBANK Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 27.95 SELL 28.04 SELL
MA_12 30.21 SELL 29.62 SELL
MA_20 30.9 SELL 30.35 SELL
MA_32 31.62 SELL 31.17 SELL
MA_50 32.22 SELL 31.71 SELL
MA_100 32.83 SELL 32.45 SELL
MA_200 33.9 SELL 33.7 SELL

INDBANK Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 27.32 OverSold
MACD -0.49 SELL
ADX 39.02 Strong Trend
DMI (+/-) 5.34 / 38.12 Downtrend

INDBANK Momentum Oscillators

BUY (2) NEUTRAL (1) SELL (9)
Momentum Oscillators Value Action
RSI 16.3 Oversold
STOCHASTIC_K (Fast) 2.69 Oversold
STOCHASTIC_D (Slow) 3.15 Oversold
CCI -145.1 SELL
PSAR 30.06 SELL
TRUE RANGE 1.7 BUY
ATR 1.07 BUY
WILLIAMS R -96.76 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -6.08 SELL

INDBANK Last 1 Year Trend

Duration Value
1 Year -21.53%
3 Months -20.31%
1 Month -18.6%
1 Week -14.44%

INDBANK Technical Analysis Summary

Updated on 2026-09-09
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 3%
SELL 87%

(powered by Zerodha)


Most popular Questions & Answers about INDBANK

Indbank Merchant Banking Services Limited Frequently Asked Questions (FAQs)

Indbank Merchant Banking Services Limited stock last traded price is 23.12. INDBANK share price moved Down by -3.3% from its previous close of Rs 23.91.

Indbank Merchant Banking Services Limited share price trend is Down with a total of 27035 stocks traded till now. It has touched an intraday high of Rs 42.9048 and an intraday low of Rs 22.65. The INDBANK trading at 23.12, Down by Rs. -0.79, or -3.3 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Down and the Stop Loss will be around 23.51.

The market cap of Indbank Merchant Banking Services Limited is ₹109.4 (in Cr) as of Oct 22, 2026.

The current price to earning ratio for Indbank Merchant Banking Services Limited as of Oct 22, 2026 is 14.45.

The current price to book ratio for Indbank Merchant Banking Services Limited as of Oct 22, 2026 is 1.01.

The highest price of Indbank Merchant Banking Services Limited stock is ₹42.48 in the last 52-week.

The lowest price of Indbank Merchant Banking Services Limited stock is ₹22.65 in the last 52-week.

Indbank Merchant Banking Services Limited share trading at ₹23.12, Down by Rs. -0.79, or -3.3 percent which suggests that most of the traders are anticipating that the price of INDBANK share should go Down.

In 2026, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹23.7 on downside and ₹34.6 on upside. Indbank Merchant Banking Services Limited share price target is based on current financial year earings of the company.

In 2027, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹34.6 on downside and ₹45.5 on upside. Indbank Merchant Banking Services Limited share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹45.5 on downside and ₹48.7 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 ₹53 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.

The price of Indbank Merchant Banking Services Limited (INDBANK) shares moved by -3.3%. The short-term trend for INDBANK share price is Down. It implies that the share price of INDBANK will stay the same tomorrow and that intraday traders should treat VWAP at 23.51 as a stop loss. Investors with a long-term outlook can track INDBANK long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of INDBANK stock is 19.9. Compared to the current market price of 23.12 INR, the INDBANK stock is Overvalued by 13.9%.

As per the fundamental analysis of Indbank Merchant Banking Services Limited (INDBANK), it is of Standard quality in terms of earnings and profit margins with an EPS of 1.66. Indbank Merchant Banking Services Limited book value per share as of today is 22.79. The current price to book ratio for INDBANK as of Oct 23, 2026 is 1.01.



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 74.05 14.63 187.26
ICICIPRULI 431.00 11.04 96.59
AAVAS 1114.10 88.17 658.56
MOTILALOFS 925.80 16.98 142.88
IIFL 531.65 30.98 188.1
CGCL 235.84 9.81 73.28
EDELWEISS 119.53 4.75 64.83
EQUITAS 120.30 -1.71 50.46
INDOSTAR 162.79 11.02 234.38
MASFIN 247.40 20.39 168.49
PILANIINVS 3789.30 65.19 13549.7
GEOJITFSL 70.29 3.64 37.3
SUNDARMHLD 407.20 14.13 320.59
CHOICEIN 686.65 0.3 46.7
UJJIVAN 589.50 8.89 155.16
SASTASUNDR 300.05 0 84.99
CENTRUM 17.84 2.33 13.8
NSIL 4851.00 90.28 28803.2
THEINVEST 83.95 0.29 87.78
NBIFIN 1727.00 42.06 8932.63
CONSOFINVT 271.30 16.74 362.67
DHUNINV 825.00 -19.54 864.8
JPOLYINVST 854.00 842.31 1525.41
BIRLAMONEY 106.76 12.43 55.1
INDOTHAI 31.05 5.48 22.15
EMKAY 253.90 9.22 113.85
INDBANK 23.12 1.66 22.79
DBSTOCKBRO 28.41 1.23 20.8
GANGESSECU 119.90 4.29 525.77
PALASHSECU 78.45 2.41 38.46
Updated at: 2026-10-23 15:58:23

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