Indian Bank

NSE: INDIANB | BSE: 532814 | ISIN: INE562A01011 | Industry: Banks
| Strong Performer
592.4000 -9.30 (-1.55%)
NSE May 22, 2025 15:31 PM
Volume: 1.7M
 

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Indian Bank
29 Jan 2025
592.40
-1.55%
Anand Rathi
Improved operating performance and moderate provisions led to Indian Bank’s strong profitability, with RoA up 6bps q/q to 1.39%. Headline asset quality and PCR improved. Ahead, we expect slippages to be modest. With stress from the legacy book recognised, the focus now shifts to profitability.
Indian Bank has an average target of 670.00 from 5 brokers.
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