NIFTY 22200.55 BANK 47687.45

Indbank Merchant Banking Services Limited
Share Price Target & Analysis

NSE:INDBANK

48.10

VWAP

47.05

Open

47.05

Close

48.75

High

47.05

Low

60.65

52 Week High

47.85 ⇧
0.80 (1.70%)

INDBANK

(FINANCIAL SERVICES)
65.4% Momentum

Sideways to Positive

23.70

52 Week Low

2.03

EPS

28.31

PE

2.55

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: INDBANK Share Price Financial Analysis & Valuation

Indbank Merchant Banking Services Limited (INDBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - General vertical. It is one of Micro Cap company with Market Capitalization of Rs 109.4 (in Cr). Total number of free float shares are 4.4 (in Lacs). Indbank Merchant Banking Services Limited is listed on NSE with Exchange ID - INE841B01017 and trading code is NSE:INDBANK with short name Indbank Merchan.

In the past 1 year, Indbank Merchant Banking Services Limited has declared an equity dividend of Rs 0 per share. At the current share price of INDBANK at Rs 47.85, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:INDBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INDBANK underlying value and future prospects. All of this data is available in INDBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:INDBANK, it is clearly understood that INDBANK is Economical performer in terms of earnings and profit margins with an EPS of 2.03. NSE:INDBANK book value per share as of today is 18.79. The current price to book ratio for INDBANK as of May 16, 2024 is 2.55.

Valuation of the Stock: The current valuation of INDBANK stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDBANK whether to BUY this stock at current valuation. The delivery percentage of INDBANK is 53.73% is very crucial parameter which shows that 53.73% investors are anticipating that the price of INDBANK share should go up with VWAP at 48.10.

Now, the main question is whether to BUY or SELL, NSE:INDBANK at current valuation.
As per latest Analysis No. #877:-

⇑ STRONG BUY INDBANK if All Greens

⇗ BUY INDBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD INDBANK (With Stop Loss) if only 1 Green

⇘ SELL INDBANK if NO Green Indicator

NSE: INDBANK Share Price Today (May 16, 2024)

(Indbank Merchant Banking Services Limited Daily Analysis on the basis of INDBANK Intraday Graph & Trend)

Indbank Merchant Banking Services Limited share price moved Up by 1.70% from its previous close of Rs 47.05. INDBANK stock last traded price is 47.85. INDBANK share price trend is Up with a total of 91185 stocks traded till now. It has touched an intraday high of Rs 48.75 and an intraday low of Rs 47.05. The INDBANK trading at 47.85, Up by Rs. 0.80, or 1.70 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up.

NSE: INDBANK Share Price Tomorrow Prediction

(Indbank Merchant Banking Services Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDBANK)

Indbank Merchant Banking Services Limited share price moved Up by 1.70%. INDBANK share price short term trend is Up. It suggests that INDBANK Share Price for Tomorrow remains the same with VWAP at 48.10 will be treated as stop loss for intraday traders. Indbank Merchant Banking Services Limited Long term investors can follow the INDBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: INDBANK

INDBANK Share Price Today

 47.85

INDBANK Share Price Target Prediction for 2024 ^

 40.6 - 61

INDBANK Share Price Target Prediction for 2025*^

 61 - 64.9

INDBANK Share Price Target Prediction for 2026*^

 64.9 - 69.4

INDBANK Share Price Target Prediction for 2027*^

 73

INDBANK Share Price Target Prediction for 2028*^

 75

INDBANK Share Price Target Prediction for 2030*^

 82
INDBANK Current Book Value 2023
18.7

*Indbank Merchant Banking Services Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^INDBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

INDBANK Technical Analysis

Candlestick Pattern: @47.85

INDBANK Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 47.24 BUY 47.56 BUY
MA_12 49.04 SELL 48.25 SELL
MA_20 48.97 SELL 48.37 SELL
MA_32 48.11 SELL 48.17 SELL
MA_50 47.37 BUY 47.72 BUY
MA_100 47.46 BUY 45.99 BUY
MA_200 39.66 BUY 40.89 BUY

INDBANK Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 48.97 Downtrend
MACD -0.43 SELL
ADX 15.42 NO or Weak Trend
DMI (+/-) 19.48 / 18.62 Uptrend

INDBANK Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 48.49 Neutral
STOCHASTIC_K (Fast) 51.67 Neutral
STOCHASTIC_D (Slow) 31.74 Neutral
CCI -58.48 Neutral
PSAR 52.3 SELL
TRUE RANGE 1.7 Neutral
ATR 2.46 Neutral
WILLIAMS R -77.56 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 42.94 Neutral
MOMENTUM -2.95 SELL

INDBANK Last 1 Year Trend

Duration Value
1 Year 83.69%
3 Months -16.71%
1 Month -5.81%
1 Week -3.04%

INDBANK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 33%
SELL 33%

Most popular Questions & Answers about INDBANK


Indbank Merchant Banking Services Limited stock last traded price is 47.85. INDBANK share price moved Up by 1.70% from its previous close of Rs 47.05.

Indbank Merchant Banking Services Limited share price trend is Up with a total of 91185 stocks traded till now. It has touched an intraday high of Rs 61.2565 and an intraday low of Rs 47.05. The INDBANK trading at 47.85, Up by Rs. 0.80, or 1.70 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up and the Stop Loss will be around 48.10.

The market cap of Indbank Merchant Banking Services Limited is ₹109.4 (in Cr) as of May 15, 2024.

The current price to earning ratio for Indbank Merchant Banking Services Limited as of May 15, 2024 is 28.31.

The current price to book ratio for Indbank Merchant Banking Services Limited as of May 15, 2024 is 2.55.

The highest price of Indbank Merchant Banking Services Limited stock is ₹60.65 in the last 52-week.

The lowest price of Indbank Merchant Banking Services Limited stock is ₹23.70 in the last 52-week.

Indbank Merchant Banking Services Limited share trading at ₹47.85, Up by Rs. 0.80, or 1.70 percent which suggests that most of the traders are anticipating that the price of INDBANK share should go Up.

In 2023, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹40.6 on downside and ₹61 on upside. Indbank Merchant Banking Services Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹61 on downside and ₹64.9 on upside. Indbank Merchant Banking Services Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹64.9 on downside and ₹69.4 on upside. Indbank Merchant Banking Services Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹75 Indbank Merchant Banking Services Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDBANK.

As per the fundamental analysis of Indbank Merchant Banking Services Limited (INDBANK), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.03. Indbank Merchant Banking Services Limited book value per share as of today is 18.79. The current price to book ratio for INDBANK as of May 16, 2024 is 2.55.


NSE:INDBANK News & Other Useful Information about INDBANK Share Price


Peer Comparison of NSE: INDBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Finance - General

Company Price EPS BV
UGROCAP 264.50 12.85 108.47
ICICIPRULI 580.35 5.91 70.04
AAVAS 1577.30 62 413.16
MOTILALOFS 2285.30 99.91 298.57
IIFL 395.80 16.25 158.01
CGCL 223.35 2.4 41.82
EDELWEISS 78.60 24.04 76.92
EQUITAS 120.30 11.2 50.46
INDOSTAR 234.50 5.26 10
MASFIN 287.20 15.11 99.46
Updated at: 15 May 2024 15:56

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