Indian Bank

INDIANB24 May 2024
Banks
-4.35 (-0.76%)
Lowest Today
Highest Today
Today’s Open
Prev. Close
52 Week High
52 Week Low
To Invest in Indian Bank
Indian Bank
Banks
INDIANB24 May 2024
-4.35 (-0.76%)
OverviewFundamentals
1D
1M
6M
1Y
5Y
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Indian Bank - Share Price & Details

Lowest Today
565.25
Highest Today
579.8
Today’s Open
576
Prev. Close
575.95
52 Week High
596
52 Week Low
268
Traded Volume
Market Cap(Cr)
Avg Traded Price
1 Year return
100.07%
Upper Circuit
Lower Circuit
P/E TTM
9.54
P/B Ratio
1.47
Traded Value(Cr)
0.00
EPS TTM
59.86
Book value
Dividend
2.10%

Price Performance

5.79 %
1 Wk
12.09 %
1 M
9.58 %
3 M
100.07 %
1 Y
35.45 %
YTD

Traded Volume Movement

Technical Details

Support 3
551
Support 2
558
Support 1
565
Pivot Point :
573
Resistance 1
580
Resistance 2
587
Resistance 3
594

Reports

Peer Comparison

Scrip NamePriceDaily ChangeM.Cap (Cr)1 Year Returns %P/E (TTM)PB Ratio
Indian Bank
₹571.60(-4.35/-0.76%)
571.60-4.3576,992.46100.079.541.47
Jammu and Kashmir Bank Ltd
₹130.15(+0.50/0.39%)
130.15+0.5014,331.89137.288.111.31
Punjab & Sind Bank
₹61.60(-0.95/-1.52%)
61.60-0.9541,751.1699.0369.972.85
Canara Bank
₹117.20(-0.50/-0.42%)
117.20-0.50106,308.0395.597.301.34
Karur Vysya Bank Ltd
₹196.65(-1.80/-0.91%)
196.65-1.8015,816.7685.439.851.57
HDFC Bank Ltd
₹1,517.20(+24.60/1.65%)
1,517.20+24.601,152,603.29-6.1018.952.63

About Indian Bank

Indian Bank is in the Banks sector, having a market capitalization of Rs. 76931.85 crores. It has reported a sales of Rs. 14624.49 crores and a net profit of Rs. 2247 crores for the quarter ended December 2018. The company management includes , Dina Nath Kumar,S L Jain,Papia Sengupta,Vishvesh Kumar Goel,Balmukund Sahay,MAHESH KUMAR BAJAJ,Ashutosh Choudhury,Shiv Bajrang Singh,Alok Pande,Pradeep Kumar Malhotra (Indian Bank) among others.
Chairman
Registered office
66 Rajaji Salai,P B No 1384,Chennai,Tamil Nadu,600001
FAX :91-44-25231278
Background
Incorporation Year1907
Face Value₹10
Market Lot1

Latest News

Technical View: Trend looks strong, Nifty needs to sustain above 23,000
Finally, the Nifty 50 touched the much-awaited psychological 23,000 mark for the first time but could not sustain it on a closing basis on May 24. This suggests that 23,000 is expected to be a critical hurdle for the index. Surpassing and sustaining this level on a closing basis can drive the index towards the next hurdle, i.e., 23,100-23,200, which is placed at upper band of the rising channel.
24 May 2024 | 09:01 PM
Tech View: Nifty forms a Doji candle
Nifty on Friday ended near the flatline after climbing the 23,000-mark for the first time in history. The index formed a Doji candle during the day after Thursday’s big bull candle.On the daily chart, Nifty continues to hold above the 20 and 50-day SMA, which is a positive signal. The 14-day RSI at 67.5 is rising and not overbought, which is encouraging.
24 May 2024 | 08:02 PM
📢 Benchmark indices close marginally lower today; Nifty around 23,000
📈 Domestic benchmark indices closed on a flat note on 24 May, 2024.
📢 At 3:30 PM, the Sensex declined 7.65 points or 0.01% at 75,410.39, and the Nifty was down by 10.55 points or 0.05% at 22,957.10.
📊Among sectoral, Nifty Bank (⬆️0.42%) turned out to be the best performer while Nifty FMCG (⬇️0.80%) saw considerable selling.
24 May 2024 | 03:43 PM
Sensex jumps 3,700 points in 9 days. Why is no one waiting till election
Six days before voting began for the Lok Sabha election on 19 April, Sensex had already scaled a lifetime peak. But as voter turnout became the new barometer to indicate who's coming to power, all the pre-election excitement gave way to nervousness with the equity index falling to 71,871.62 on May 13 when voting was going on in the fourth phase.
24 May 2024 | 02:20 PM
Mid-day Mood | Sensex, Nifty trade flat after record high moves
Sensex and Nifty were trading in flat in noon deals on May 24 after they touched fresh life-time highs of 75,582 and 23,004, respectively. However, broader indices continued to outperform frontline indices, with BSE Midcap and Smallcap indices rising up to 0.4 percent. Around noon,  the Sensex was up 33.41 points, or 0.04%, at 75,451, and the Nifty was up 10.7 points, or 0.05%, at 22,978.
24 May 2024 | 01:06 PM

How to buy Indian Bank shares on nse?

To buy Indian Bank shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Indian Bank share price today?

The Indian Bank shares price on nse is Rs.571.6 today.

What is the market cap of Indian Bank shares on NSE ?

The company has a market capitalization of Rs.76992.46Cr

What is the PE & PB ratio of Indian Bank shares ?

PE is 9.54 and PB is 1.47

What is the 52 Week High and Low of Indian Bank shares?

Indian Bank stock price high: Rs.596 Indian Bank stock price low: Rs.268

Is Indian Bank a government-run institution?

The Indian Bank is a government-run institution. 

What is the dividend yield of Indian Bank?

The dividend yield of Indian Bank is 2.03%.

Who is the Indian Bank's owner?

The Indian Bank is owned, managed and controlled by the Government of India. 

How well is the Indian Bank doing?

In March 2019, the Indian Bank had a net profit of Rs. 380.13 crores, and in March 2022, this net profit increased to Rs. 5078.24 crores. 

Indian Bank is a public-sector undertaking and was established as early as 1907. The government took it over later. The banking institution has a broad network of branches spread across India and offers a variety of financial services and products to an ever-growing customer base. 

While evaluating how well organisations are performing, especially banks, financial metrics like asset quality, capital adequacy and profitability have to be taken into account, among other key factors. Furthermore, investment in any company should be undertaken after doing background work and accounting for some factors like the company’s performance, market conditions and more. Additionally, investing should be considered in alignment with an investor’s financial goals. 

 

What are the latest results of Indian Bank?

The Indian Bank has a market capitalization of 39.85K crores. For the quarter that ended in December 2022, net profit was up by 102% YoY at Rs. 1396 crores. The operating profit was also up by 24% YoY for the same period. This stood at Rs. 4061 crores. Additionally, ROA and ROE increased as well, compared to the same period of the previous year.