NSE: INDUSINDBK Share Price Financial Analysis & Valuation

IndusInd Bank Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. INDUSINDBK is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

IndusInd Bank Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. INDUSINDBK is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

IndusInd Bank Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, IndusInd Bank Ltd. has declared an equity dividend of Rs 14 per share. At the current share price of INDUSINDBK at Rs 1483.70, this results in a dividend yield of 0.94 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:INDUSINDBK, it is clearly understood that INDUSINDBK is Standard performer in terms of earnings and profit margins with an EPS of 114.99. NSE:INDUSINDBK book value per share as of today is 697.38. The current price to book ratio for INDUSINDBK as of May 03, 2024 is 2.13.

Valuation of the Stock: The current valuation of INDUSINDBK 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 INDUSINDBK whether to BUY this stock at current valuation. The delivery percentage of INDUSINDBK is 49.39% is very crucial parameter which shows that 49.39% investors are anticipating that the price of INDUSINDBK share should go up with VWAP at 1491.28.

Now, the main question is whether to BUY or SELL, NSE:INDUSINDBK at current valuation.
As per latest Analysis No. #989:-

⇑ STRONG BUY INDUSINDBK if All Greens

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

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

⇘ SELL INDUSINDBK if NO Green Indicator

NSE: INDUSINDBK Share Price Today (May 03, 2024)

(IndusInd Bank Ltd. Daily Analysis on the basis of INDUSINDBK Intraday Graph & Trend)

IndusInd Bank Ltd. share price moved Down by -1.43% from its previous close of Rs 1505.2. INDUSINDBK stock last traded price is 1483.70. INDUSINDBK share price trend is Down with a total of 2119368 stocks traded till now. It has touched an intraday high of Rs 1517.95 and an intraday low of Rs 1473.05. The INDUSINDBK trading at 1483.70, Down by Rs. -21.50, or -1.43 percent which suggests that most of the Traders are anticipating that the price of INDUSINDBK share should go Down.

NSE: INDUSINDBK Share Price Tomorrow Prediction

(IndusInd Bank Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDUSINDBK)

IndusInd Bank Ltd. share price moved Down by -1.43%. INDUSINDBK share price short term trend is Down. It suggests that INDUSINDBK Share Price for Tomorrow remains the same with VWAP at 1491.28 will be treated as stop loss for intraday traders. IndusInd Bank Ltd. Long term investors can follow the INDUSINDBK long term trend as mentiond in future forecast table.

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

Peer Comparison of NSE: INDUSINDBK

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

Sector: Banks - Private Sector