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Indian Bank Share Price

Banks - Public Sector

NSE: INDIANB Mid Cap ISIN: INE562A01011
As on 22 January 2025 at 15:09 IST
As on 22 January 2025 at 15:09 IST
521.10
-4.20
(-0.80%)
About Indian Bank

Indian Bank is a well-established public sector bank in India. The bank is part of the banking and financial services sector. It was founded on August 15, 1907, and its headquarters are in Chennai, Tamil Nadu. Indian Bank offers a variety of products to its customers, like savings accounts, fixed deposits, and investment services. Beyond that, it also provides more specialized services like NRI banking, trade finance, and forex services. Indian Bank is known for its extensive network, boasting over 5,847 branches and 4,937 ATMs spread across India. Read More...

Over 1 Month
-2.29%
Over 6 Months
-7.76%
Over 1 Year
18.02%
Over 3 Years
277.10%

Indian Bank Summary

Close ₹ 521.10
Open ₹ 525.30
High ₹ 527.60
Low ₹ 512.10
Volume 5,35,965
Net Turnover (in ₹) ₹ 69,20,57,058.05
52Wk High ₹ 632.70
52Wk Low ₹ 431.50
52Wk High / Low
431.50
632.70

Indian Bank Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 70,756.02
EPS (TTM) 70.35
Book Value (BV) 431.54
Div. Yield 2.28 %
P/E (TTM) 7.47
Price/Book Value 1.22
Delivery % 50.59 %
Face Value 10

Key Ratios

PE Ratio 8.70
PB Ratio 1.34
EV to Sales 13.29
PEG Ratio 0.21
ROA 1.07
ROE 17.10
Debt-Equity -
Net Profit Margin -
Operating Profit Margin -

Indian Bank Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue64,231.6852,789.6646,268.1545,219.4824,726.78
Total Expenses53,214.3346,826.4743,014.8542,104.6623,349.33
Profit Before Tax11,017.355,963.193,253.303,114.821,377.45
Profit After Tax8,129.155,330.483,993.893,015.72758.08
Operating Profit after Depreciation11,017.355,963.193,253.303,114.821,377.45

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,537.627,471.607,693.787,392.133,898.30
TOTAL ASSETS7,95,708.827,13,3346,74,096.436,25,535.173,10,140.96
Total Shareholder's Fund60,248.2049,506.8244,951.9339,458.0722,767.58

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-8,617.26-27,893.9928,750.3317,230.92-8,396.17
Net Cash used in Investing Activities-617.71-313.98-304.6921,232.98-247.37
Net Cash used in Financing Activities1,195.05-1,543.4218.431,865.552,552.42

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue63,481.5052,085.2845,771.6744,755.9824,717.43
Total Expenses52,530.3646,170.8642,567.4441,850.4023,344.71
Profit Before Tax10,951.145,914.413,204.232,905.581,372.73
Profit After Tax8,062.945,281.703,944.823,004.68753.36
Operating Profit after Depreciation10,951.145,914.413,204.232,905.581,372.73

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets7,499.187,455.247,680.017,375.253,894.96
TOTAL ASSETS7,92,619.127,10,500.736,71,668.066,23,426.673,09,468.17
Total Shareholder's Fund58,388.1247,972.7643,708.8038,411.9422,089.27

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-8,613.09-27,943.1428,73238,979.16-8,400.87
Net Cash used in Investing Activities-605.40-296.91-299-543.15-247.24
Net Cash used in Financing Activities1,195.04-1,543.42191,865.552,552.41

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue-----
Total Expenses-----
Profit Before Tax3,673.993,262.933,078.202,774.212,776.74
Profit After Tax-----
Operating Profit after Depreciation-----

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue-----
Total Expenses-----
Profit Before Tax3,629.363,243.213,057.232,747.822,752.08
Profit After Tax-----
Operating Profit after Depreciation-----

Indian Bank Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 520.47
S2 515.63
S3 508.97
Pivot 527.13
R1 531.97
R2 538.63
R3 543.47

Moving Average

20 SMA 518.67
50 SMA 546.20
100 SMA 539.97
200 SMA 544.27

Indian Bank Corporate Actions

Indian Bank

₹12/Share

Announcement Date 07 Jun 2024
Record Date 07 Jun 2024
Div Yield 120%

Indian Bank Peer Comparison

Company Price Market Cap (in ₹ Cr)
Indian Bank ₹525.40 ₹70,769.49
HDFC Bank Ltd ₹1,641.75 ₹12,55,662.20
ICICI Bank Ltd ₹1,196.10 ₹8,44,456.69
State Bank of India ₹759 ₹6,77,378.66
Kotak Mahindra Bank Ltd ₹1,893.40 ₹3,76,440.80
Axis Bank Ltd ₹969.75 ₹3,00,168.51

Indian Bank News

Indian Bank appoints Binod Kumar as MD & CEO

Indian Bank said that its board has approved the appointment of Binod Kumar as a managing director (MD) and chief executive officer (CEO) of the company with effect from 16 January, 2025.

17 Jan 2025, 11:13 am

Indian Bank records nearly 10% YoY growth in loan book in Q3; deposits at Rs 7.02 lakh crore

Indian Bank has reported 9.6% rise in gross advances to Rs 5.59 lakh crore as on 31 December 2024 from Rs 5.10 lakh crore as on 31 December 2023.

06 Jan 2025, 12:18 pm

Indian Bank drops for fifth straight session

Indian Bank is quoting at Rs 536.7, down 0.08% on the day as on 13:19 IST on the NSE. The stock jumped 31% in last one year as compared to a 10.45% rally in NIFTY and a 19.29% spurt in the Nifty PSU Bank index.

23 Dec 2024, 01:35 pm

Indian Bank announces cessation of directors

With effect from 21 December 2024

21 Dec 2024, 01:37 pm

Indian Bank to convene EGM

On 2 January 2025

26 Nov 2024, 05:46 pm

Indian Bank Stock Analysis

  1. Annual revenue for Indian Bank increased by 21.88% to ₹63,481.50 crore in FY 2024 from ₹52,085.28 crore in FY 2023.
  2. Annual Net Profit for Indian Bank increased by 52.66% to ₹8,062.94 crore in FY 2024 from ₹5,281.70 crore in FY 2023.
  3. Promoter Shareholding in Indian Bank remains unchanged by 0.00% in the most recent quarter, from 73.84% in September 2024 to 73.84% in December 2024.
  4. Indian Bank delivered a 1-year return of 18.02% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. Indian Bank share price moved down by 0.80% from its previous close of INR ₹525.30. The latest Indian Bank share price is INR ₹521.10.
  6. Indian Bank share price today has been at a low of 512.10 and a high of 527.60. Over the past 52 weeks, the Indian Bank share price has seen a low of 431.50 and a high of 632.70.

About Indian Bank

Indian Bank is a well-established public sector bank in India that provides a broad range of financial services. These include consumer banking, corporate banking, insurance, wealth management, and credit card services.

Indian Bank is part of the banking and financial services sector and has been in operation for over 117 years. It was founded on August 15, 1907, and its headquarters are in Chennai, Tamil Nadu. The Indian government holds a significant 73.84% stake in the bank, making it a key promoter of this financial institution.

The bank offers a variety of products to its customers, like savings accounts, fixed deposits, and investment services. Beyond that, it also provides more specialized services like NRI banking, trade finance, and forex services. Indian Bank is known for its extensive network, boasting over 5,847 branches and 4,937 ATMs spread across India. This makes it one of the major players in public-sector banking. While it may not be the largest bank in terms of market share or capitalization, it serves a vast customer base of over 100 million people.

Indian Bank’s registered office and registrar is located in Chennai, Tamil Nadu. The bank is led by Managing Director and CEO Shanti Lal Jain, along with a skilled team of executive directors and general managers. Here is a list of their most prominent promoters -
  • S L Jain
  • Mahesh Kumar Bajaj
  • Ashutosh Choudhury
  • Shiv Bajrang Singh
  • Brajesh Kumar Singh

Indian Bank, having a government shareholding of 73.84%, has a great foundation to grow in the Indian banking sector. This kind of proper management, along with the wide network, creates trust and reliability in Indian Bank.

Impact of Indian Bank

Indian Bank, as one of India’s major public sector banks, has had a lasting impact on the country’s banking system. Since its founding in 1907, the bank has played an important role in shaping the financial sector and influencing both the economy and society.

One of the bank’s most significant contributions is its role in promoting financial inclusion. With a network of over 5,847 branches and nearly 5,000 ATMs, Indian Bank has made banking services accessible to millions of people. This reach has allowed the bank to bring a large portion of India’s unbanked population into the formal banking system. This has also contributed towards economic growth and poverty reduction. Financial inclusion is essential, and the Indian Bank has been at the forefront of this movement.

Beyond financial inclusion, Indian Bank is known for its support of small and medium-sized enterprises (SMEs). By offering financial products tailored to the needs of SMEs, the bank has helped many small businesses grow and succeed. These efforts have led to job creation and further economic growth. This aligns with government policies aimed at encouraging entrepreneurship and innovation. The bank’s focus on SMEs highlights its role as a partner in the country’s economic progress.

Another area where Indian Bank has made a significant impact is in digital banking. The bank has embraced technological advancements to streamline its operations. Through digital platforms, Indian Bank provides services such as mobile banking and digital payments. These services have made banking more convenient for customers, especially the younger, tech-savvy generation. The bank’s adoption of digital solutions shows its willingness to evolve with the times and cater to the modern needs of its customers.

Indian Bank has also been a strong supporter of the agricultural sector. The bank provides a variety of loans and financial products specifically designed for farmers. This helps them boost the productivity and incomes of many farmers. Indian Bank also contributes to rural development and ensures the sector's continued growth. Supporting agriculture is crucial for food security and overall economic stability. Therefore, the Indian Bank has recognized this importance in its operations.

The bank’s financial strength and stability have also contributed to its influence in the banking sector. Over the years, Indian Bank has shown strong financials, which has earned it the trust of its customers and stakeholders. A stable bank like the Indian Bank helps maintain confidence in the larger financial system, which is vital for economic health. Its ability to maintain solid financial health makes it a reliable choice for both individuals and businesses.

Indian Bank’s strategic mergers and acquisitions have further strengthened its position in the market. For example, its merger with Allahabad Bank in 2020 expanded its presence and increased its operational capabilities. Such strategic decisions have helped the Indian Bank stay competitive and adapt to change swiftly. The ability to grow through mergers and acquisitions has allowed the bank to continue offering valuable services to its customers.

Indian Bank’s influence goes beyond traditional banking. Through its efforts in financial inclusion, the bank has had a profound impact on India’s economy. Its financial stability and strategic growth, supported by a strong leadership team, have made Indian Bank a significant player in the public sector banking space.

Plus, with over 100 million customers and a broad network of branches and ATMs, the bank continues to play a pivotal role in shaping India’s financial landscape. Its contributions to society and the economy will likely keep it influential for years to come.

FAQ’s

What is the share price of Indian Bank today?

Indian Bank share price as on 22 Jan 2025 is ₹ 521.1

What is the Market Cap of Indian Bank?

The market cap of Indian Bank stock is ₹70,756.02 Cr.

What is the PE Ratio of Indian Bank?

The Price to Earnings (P/E) Ratio of Indian Bank is 8.70

What is the PB Ratio of Indian Bank?

The Price to Book (P/B) Ratio of Indian Bank is 1.34

What is the 52 week high of Indian Bank Share Price?

The 52 week high of Indian Bank share price stands at ₹632.70

What is the 52 week low of Indian Bank Share Price?

The 52 week low of Indian Bank share price stands at ₹431.50

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