565.8000 -11.55 (-2.00%)
NSE Apr 30, 2025 15:31 PM
Volume: 1.1M
 

565.80
-2.00%
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 is trading above all available SMAs
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