IndusInd Bank Ltd.
Share Price Target & Analysis
NSE:INDUSINDBK
VWAP
Open
Close
High
Low
52 Week High
40.85 (2.82%)
INDUSINDBK
(FINANCIAL SERVICES)Sideways to Positive
52 Week Low
EPS
PE
PB
Standard
Quality
Bronze
Valuation
#Analysis
NSE: INDUSINDBK Share Price Financial Analysis & Valuation
IndusInd Bank Ltd. (INDUSINDBK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical.
It is one of Large Cap company with Market Capitalization of Rs 68921.4 (in Cr). Total number of free float shares are 60.2 (in Lacs).
IndusInd Bank Ltd. is listed on NSE with Exchange ID - INE095A01012 and trading code is NSE:INDUSINDBK with short name IndusInd Bank.
IndusInd Bank Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. INDUSINDBK is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).
IndusInd Bank Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. INDUSINDBK is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.
IndusInd Bank Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, IndusInd Bank Ltd. has declared an equity dividend of Rs 14 per share. At the current share price of INDUSINDBK at Rs 1487.25, this results in a dividend yield of 0.94 %.
As per the Fundamental Analysis of NSE:INDUSINDBK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INDUSINDBK underlying value and future prospects. All of this data is available in INDUSINDBK financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:INDUSINDBK, it is clearly understood that INDUSINDBK is Standard performer in terms of earnings and profit margins with an EPS of 114.99. NSE:INDUSINDBK book value per share as of today is 697.38. The current price to book ratio for INDUSINDBK as of Apr 29, 2024 is 2.13.
Valuation of the Stock: The current valuation of INDUSINDBK stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDUSINDBK whether to BUY this stock at current valuation. The delivery percentage of INDUSINDBK is 49.39% is very crucial parameter which shows that 49.39% investors are anticipating that the price of INDUSINDBK share should go up with VWAP at 1480.35.
Now, the main question is whether to BUY or SELL, NSE:INDUSINDBK at current valuation.
As per latest Analysis No. #978:-
⇑ STRONG BUY INDUSINDBK if All Greens
⇗ BUY INDUSINDBK (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD INDUSINDBK (With Stop Loss) if only 1 Green
⇘ SELL INDUSINDBK if NO Green Indicator
NSE: INDUSINDBK Share Price Today (Apr 29, 2024)
(IndusInd Bank Ltd. Daily Analysis on the basis of INDUSINDBK Intraday Graph & Trend)
IndusInd Bank Ltd. share price moved Up by 2.82% from its previous close of Rs 1446.4. INDUSINDBK stock last traded price is 1487.25. INDUSINDBK share price trend is Up with a total of 5463640 stocks traded till now. It has touched an intraday high of Rs 1491.00 and an intraday low of Rs 1450.10. The INDUSINDBK trading at 1487.25, Up by Rs. 40.85, or 2.82 percent which suggests that most of the Traders are anticipating that the price of INDUSINDBK share should go Up.
NSE: INDUSINDBK Share Price Tomorrow Prediction
(IndusInd Bank Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDUSINDBK)
IndusInd Bank Ltd. share price moved Up by 2.82%. INDUSINDBK share price short term trend is Up. It suggests that INDUSINDBK Share Price for Tomorrow remains the same with VWAP at 1480.35 will be treated as stop loss for intraday traders. IndusInd Bank Ltd. Long term investors can follow the INDUSINDBK long term trend as mentiond in future forecast table.
NSE Code |
NSE: INDUSINDBK |
INDUSINDBK Share Price Today |
1487.25 |
INDUSINDBK Share Price Target Prediction for 2024 ^ |
1326.4 - 1702.9 |
INDUSINDBK Share Price Target Prediction for 2025*^ |
1702.9 - 1814.1 |
INDUSINDBK Share Price Target Prediction for 2026*^ |
1814.1 - 1941.1 |
INDUSINDBK Share Price Target Prediction for 2027*^ |
2038 |
INDUSINDBK Share Price Target Prediction for 2028*^ |
2096 |
INDUSINDBK Share Price Target Prediction for 2030*^ |
2285 |
INDUSINDBK Current Book Value 2023 |
693.9 |
*IndusInd Bank Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^INDUSINDBK 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.
INDUSINDBK Technical Analysis
Candlestick Pattern: @1539.9MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 1554.34 | SELL | 1549.4 | SELL |
MA_12 | 1547.56 | SELL | 1542.05 | SELL |
MA_20 | 1521.6 | BUY | 1534.93 | BUY |
MA_32 | 1518.16 | BUY | 1528.07 | BUY |
MA_50 | 1511.55 | BUY | 1525.46 | BUY |
MA_100 | 1538.84 | BUY | 1516.35 | BUY |
MA_200 | 1476.73 | BUY | 1453.82 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 1521.6 | Uptrend |
MACD | 2.08 | BUY |
ADX | 12.54 | NO or Weak Trend |
DMI (+/-) | 19.34 / 20.97 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 52.47 | Neutral |
STOCHASTIC_K (Fast) | 29.92 | Neutral |
STOCHASTIC_D (Slow) | 51.67 | Neutral |
CCI | -2.96 | Neutral |
PSAR | 1515.52 | BUY |
TRUE RANGE | 27.9 | BUY |
ATR | 31.37 | BUY |
WILLIAMS R | -35.27 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 7.54 | Oversold |
MOMENTUM | 6.85 | BUY |
Duration | Value |
---|---|
1 Year | 43.35% |
3 Months | -5.24% |
1 Month | 0.45% |
1 Week | -0.81% |
Action | Overall (%) |
---|---|
BUY | 53% |
NEUTRAL / HOLD | 23% |
SELL | 23% |
Most popular Questions & Answers about INDUSINDBK
IndusInd Bank Ltd. stock last traded price is 1487.25. INDUSINDBK share price moved Up by 2.82% from its previous close of Rs 1446.4.
IndusInd Bank Ltd. share price trend is Up with a total of 5463640 stocks traded till now. It has touched an intraday high of Rs 1711.445 and an intraday low of Rs 1450.10. The INDUSINDBK trading at 1487.25, Up by Rs. 40.85, or 2.82 percent which suggests that most of the Traders are anticipating that the price of INDUSINDBK share should go Up and the Stop Loss will be around 1480.35.
The market cap of IndusInd Bank Ltd. is ₹68921.4 (in Cr) as of Apr 28, 2024.
The current price to earning ratio for IndusInd Bank Ltd. as of Apr 28, 2024 is 19.48.
The current price to book ratio for IndusInd Bank Ltd. as of Apr 28, 2024 is 2.13.
The highest price of IndusInd Bank Ltd. stock is ₹1694.50 in the last 52-week.
The lowest price of IndusInd Bank Ltd. stock is ₹1065.35 in the last 52-week.
IndusInd Bank Ltd. share trading at ₹1487.25, Up by Rs. 40.85, or 2.82 percent which suggests that most of the traders are anticipating that the price of INDUSINDBK share should go Up.
In 2023, Stock price target for IndusInd Bank Ltd. (INDUSINDBK) are ₹1326.4 on downside and ₹1702.9 on upside. IndusInd Bank Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for IndusInd Bank Ltd. (INDUSINDBK) are ₹1702.9 on downside and ₹1814.1 on upside. IndusInd Bank Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for IndusInd Bank Ltd. (INDUSINDBK) are ₹1814.1 on downside and ₹1941.1 on upside. IndusInd Bank Ltd. 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 IndusInd Bank Ltd. (INDUSINDBK) will be around ₹2096 IndusInd Bank Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDUSINDBK.
As per the fundamental analysis of IndusInd Bank Ltd. (INDUSINDBK), it is of Standard quality in terms of earnings and profit margins with an EPS of 114.99. IndusInd Bank Ltd. book value per share as of today is 697.38. The current price to book ratio for INDUSINDBK as of Apr 29, 2024 is 2.13.
NSE:INDUSINDBK News & Other Useful Information about INDUSINDBK Share Price
Peer Comparison of NSE: INDUSINDBK
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Private Sector
Company | Price | EPS | BV |
---|---|---|---|
HDFCBANK | 1529.50 | 80.05 | 554.7 |
ICICIBANK | 1156.40 | 55.95 | 280.29 |
KOTAKBANK | 1640.40 | 66.12 | 417.63 |
AXISBANK | 1159.25 | 80.53 | 406.25 |
INDUSINDBK | 1487.25 | 114.99 | 697.38 |
BANDHANBNK | 184.00 | 18.52 | 121.57 |
AUBANK | 645.00 | 20.66 | 148.83 |
YESBANK | 27.15 | 0.33 | 13.33 |
IDFCFIRSTB | 81.50 | 4.29 | 39.63 |
FEDERALBNK | 160.45 | 11.55 | 107.29 |