03 Nov 2025 | 5 Mins Read
PSU Bank Shares Rise 10x in 5 Years, Expect More Growth
Flipitmoney
Indian Bank Ltd shares gain over 3% on the sixth consecutive upward trading day, extending year-to-date advance to 70%. The bank's core income increased 6%, with a 11.5% year-on-year net profit growth in the September quarter. Analysts predict potential inflows of up to $72 million and $200 million from Nifty Bank and MSCI inclusions respectively. 12 of 14 analysts have a "buy" rating.