NIFTY 23907.25 BANK 51135.40

Indian Bank
Share Price Target & Analysis

NSE:INDIANB

530.99

VWAP

530.35

Open

530.35

Close

536.95

High

525.3

Low

632.7

52 Week High

531.60 ⇧
1.25 (0.24%)

INDIANB

(FINANCIAL SERVICES)
58.2% Momentum

Turnaround Potential

390.9

52 Week Low

70.35

EPS

10.61

PE

1.37

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: INDIANB Share Price Financial Analysis & Valuation

Indian Bank (INDIANB) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical. It is one of Large Cap company with Market Capitalization of Rs 18191.1 (in Cr). Total number of free float shares are 48 (in Lacs). Indian Bank is listed on NSE with Exchange ID - INE562A01011 and trading code is NSE:INDIANB with short name Indian Bank.

Indian Bank is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

In the past 1 year, Indian Bank has declared an equity dividend of Rs 12 per share. At the current share price of INDIANB at Rs 531.60, this results in a dividend yield of 2.26 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:INDIANB, it is clearly understood that INDIANB is Deluxe performer in terms of earnings and profit margins with an EPS of 70.35. NSE:INDIANB book value per share as of today is 389.12. The current price to book ratio for INDIANB as of Nov 23, 2024 is 1.37.

Valuation of the Stock: The current valuation of INDIANB stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDIANB whether to BUY this stock at current valuation. The delivery percentage of INDIANB is 49.92% is very crucial parameter which shows that 49.92% investors are anticipating that the price of INDIANB share should go up with VWAP at 530.99.

Now, the main question is whether to BUY or SELL, NSE:INDIANB at current valuation.
As per latest Analysis No. #983:-

⇑ STRONG BUY INDIANB if All Greens

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

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

⇘ SELL INDIANB if NO Green Indicator

NSE: INDIANB Share Price Today (Nov 23, 2024)

(Indian Bank Daily Analysis on the basis of INDIANB Intraday Graph & Trend)

Indian Bank share price moved Up by 0.24% from its previous close of Rs 530.35. INDIANB stock last traded price is 531.60. INDIANB share price trend is Up with a total of 870975 stocks traded till now. It has touched an intraday high of Rs 536.95 and an intraday low of Rs 525.3. The INDIANB trading at 531.60, Up by Rs. 1.25, or 0.24 percent which suggests that most of the Traders are anticipating that the price of INDIANB share should go Up.

NSE: INDIANB Share Price Tomorrow Prediction

(Indian Bank Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDIANB)

Indian Bank share price moved Up by 0.24%. INDIANB share price short term trend is Up. It suggests that INDIANB Share Price for Tomorrow remains the same with VWAP at 530.99 will be treated as stop loss for intraday traders. Indian Bank Long term investors can follow the INDIANB long term trend as mentiond in future forecast table.

NSE Code

NSE: INDIANB

INDIANB Share Price Today

 531.60

INDIANB Share Price Target Prediction for 2024 ^

 499 - 650.4

INDIANB Share Price Target Prediction for 2025*^

 650.4 - 692.9

INDIANB Share Price Target Prediction for 2026*^

 692.9 - 741.4

INDIANB Share Price Target Prediction for 2027*^

 778

INDIANB Share Price Target Prediction for 2028*^

 801

INDIANB Share Price Target Prediction for 2030*^

 873
INDIANB Current Book Value 2023
387.2

*Indian Bank Short Term & Long Term share price target is based on current financial year earings of the company.
^INDIANB 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.

INDIANB Technical Analysis

Candlestick Pattern: @536.95

INDIANB Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 553.72 SELL 551.12 SELL
MA_12 570.28 SELL 555.79 SELL
MA_20 550 SELL 552.23 SELL
MA_32 539.13 SELL 546.72 SELL
MA_50 533.7 BUY 544.29 SELL
MA_100 547.38 SELL 541.72 SELL
MA_200 538.62 SELL 519.75 BUY

INDIANB Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 550 Downtrend
MACD -3.22 SELL
ADX 19.27 NO or Weak Trend
DMI (+/-) 17.65 / 24.05 Downtrend

INDIANB Momentum Oscillators

BUY (1) NEUTRAL (5) SELL (6)
Momentum Oscillators Value Action
RSI 44.68 Neutral
STOCHASTIC_K (Fast) 7.97 Oversold
STOCHASTIC_D (Slow) 19.36 Oversold
CCI -140.92 SELL
PSAR 595.82 SELL
TRUE RANGE 16.45 Neutral
ATR 19.93 Neutral
WILLIAMS R -59.6 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 3.38 Oversold
MOMENTUM 18.5 BUY

INDIANB Last 1 Year Trend

Duration Value
1 Year 27.78%
3 Months -2.43%
1 Month 3.57%
1 Week -6.57%

INDIANB Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 20%
SELL 70%

Most popular Questions & Answers about INDIANB


Indian Bank stock last traded price is 531.60. INDIANB share price moved Up by 0.24% from its previous close of Rs 530.35.

Indian Bank share price trend is Up with a total of 870975 stocks traded till now. It has touched an intraday high of Rs 653.676 and an intraday low of Rs 525.3. The INDIANB trading at 531.60, Up by Rs. 1.25, or 0.24 percent which suggests that most of the Traders are anticipating that the price of INDIANB share should go Up and the Stop Loss will be around 530.99.

The market cap of Indian Bank is ₹18191.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Indian Bank as of Nov 22, 2024 is 10.61.

The current price to book ratio for Indian Bank as of Nov 22, 2024 is 1.37.

The highest price of Indian Bank stock is ₹632.7 in the last 52-week.

The lowest price of Indian Bank stock is ₹390.9 in the last 52-week.

Indian Bank share trading at ₹531.60, Up by Rs. 1.25, or 0.24 percent which suggests that most of the traders are anticipating that the price of INDIANB share should go Up.

In 2023, Stock price target for Indian Bank (INDIANB) are ₹499 on downside and ₹650.4 on upside. Indian Bank share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indian Bank (INDIANB) are ₹650.4 on downside and ₹692.9 on upside. Indian Bank share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indian Bank (INDIANB) are ₹692.9 on downside and ₹741.4 on upside. Indian Bank 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 Indian Bank (INDIANB) will be around ₹801 Indian Bank share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDIANB.

The price of Indian Bank (INDIANB) shares moved by 0.24%. The short-term trend for INDIANB share price is Up. It implies that the share price of INDIANB will stay the same tomorrow and that intraday traders should treat VWAP at 530.99 as a stop loss. Investors with a long-term outlook can track INDIANB long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of INDIANB stock is 843.5. Compared to the current market price of 531.60 INR, the INDIANB stock is Undervalued by 37%.

As per the fundamental analysis of Indian Bank (INDIANB), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 70.35. Indian Bank book value per share as of today is 389.12. The current price to book ratio for INDIANB as of Nov 23, 2024 is 1.37.


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


Peer Comparison of NSE: INDIANB

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

Sector: Banks - Public Sector

Company Price EPS BV
SBIN 814.55 73.09 391.83
BANKBARODA 235.90 37.05 217.01
PNB 99.99 11.13 85.5
CANBK 97.01 16.9 95.86
IOB 50.25 1.56 13.34
UNIONBANK 115.04 20.04 127.03
BANKINDIA 103.06 16.21 136.32
CENTRALBK 52.32 3.82 32.33
INDIANB 531.60 70.35 389.12
UCOBANK 41.87 1.83 20.37
Updated at: 22 Nov 2024 15:31

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