|
13 Apr 2025 |
Indian Bank
|
Consensus Share Price Target
|
535.80 |
657.00 |
- |
22.62 |
buy
|
|
|
|
|
07 Mar 2025
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
619.00
|
530.15
(1.07%)
|
15.53 |
Buy
|
|
|
|
|
29 Jan 2025
|
Indian Bank
|
Emkay
|
535.80
|
675.00
|
544.75
(-1.64%)
|
25.98 |
Buy
|
|
|
Indian Bank consciously slowed down credit growth in 3Q to ~11% YoY to protect its margins, which manifested via a 6bps QoQ improvement in NIM to 3.45%, defying industry trend.
|
|
29 Jan 2025
|
Indian Bank
|
Anand Rathi
|
535.80
|
686.00
|
544.75
(-1.64%)
|
28.03 |
Buy
|
|
|
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.
|
|
28 Oct 2024
|
Indian Bank
|
Motilal Oswal
|
535.80
|
650.00
|
551.45
(-2.84%)
|
21.31 |
Buy
|
|
|
Indian Bank (INBK) reported 2QFY25 PAT of INR27.06b (36% YoY, 6% beat), driven by lower provisions and higher other income.
|
|
11 Sep 2024
|
Indian Bank
|
Emkay
|
535.80
|
675.00
|
510.00
(5.06%)
|
25.98 |
Buy
|
|
|
PSBs, including Indian Bank, have seen a correction in the recent past amid concerns around slowing growth (so also banking system) and peaking RoAs.
|
|
29 Jul 2024
|
Indian Bank
|
Motilal Oswal
|
535.80
|
670.00
|
587.25
(-8.76%)
|
25.05 |
Buy
|
|
|
Indian Bank (INBK) reported 1QFY25 PAT of INR24b (41% YoY, 9% beat), driven by lower provisions (as the bank reversed INR970m on account of the sale of stressed assets in 1Q).
|
|
15 Jul 2024
|
Indian Bank
|
ICICI Direct
|
535.80
|
700.00
|
578.65
(-7.41%)
|
30.65 |
Buy
|
|
|
|
|
10 Jun 2024
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
619.00
|
532.20
(0.68%)
|
15.53 |
Buy
|
|
|
|
|
07 May 2024
|
Indian Bank
|
Emkay
|
535.80
|
650.00
|
517.55
(3.53%)
|
21.31 |
Buy
|
|
|
Indian Bank yet again posted a strong all-around performance, delivering inline PAT at Rs22.5bn/1.2% RoA, on the back of healthy margins (up by 4bps QoQ to 3.44%) and steady improvement in asset quality, with GNPA ratio down to 4%/NNPA to industry-low of 0.4%.
|
|
04 Sep 2023
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
323.00
|
383.60
(39.68%)
|
|
Sell
|
|
|
|
|
03 Jul 2023
|
Indian Bank
|
ICICI Direct
|
535.80
|
410.00
|
297.85
(79.89%)
|
Target met |
Buy
|
|
|
|
|
09 May 2023
|
Indian Bank
|
ICICI Direct
|
535.80
|
335.00
|
296.75
(80.56%)
|
Target met |
Hold
|
|
|
|
|
08 May 2023
|
Indian Bank
|
Motilal Oswal
|
535.80
|
360.00
|
315.30
(69.93%)
|
Target met |
Buy
|
|
|
|
|
10 Nov 2022
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
233.00
|
260.80
(105.44%)
|
|
Sell
|
|
|
|
|
05 Nov 2022
|
Indian Bank
|
Motilal Oswal
|
535.80
|
290.00
|
249.70
(114.58%)
|
Target met |
Buy
|
|
|
|
|
22 Aug 2022
|
Indian Bank
|
ICICI Direct
|
535.80
|
210.00
|
175.00
(206.17%)
|
Target met |
Buy
|
|
|
|
|
06 Aug 2022
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
200.00
|
182.40
(193.75%)
|
Target met |
Accumulate
|
|
|
|
|
01 Aug 2022
|
Indian Bank
|
Motilal Oswal
|
535.80
|
210.00
|
177.05
(202.63%)
|
Target met |
Buy
|
|
|
|
|
24 May 2022
|
Indian Bank
|
Anand Rathi
|
535.80
|
185.00
|
167.55
(219.79%)
|
Target met |
Buy
|
|
|
|
|
18 May 2022
|
Indian Bank
|
Geojit BNP Paribas
|
535.80
|
173.00
|
157.35
(240.51%)
|
Target met |
Accumulate
|
|
|
|