Indbank Merchant Banking Services Ltd share price logo

Indbank Merchant Banking Services Ltd (INDBANK)

₹51.90.1%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Indbank Merchant Banking Services Ltd share Performance

  • ₹51.3
    ₹52.6
    ₹51.9
    downward going graph

    1.16%

    Low

    Day's Volatility:2.50%

    High

    1.35%

    downward going graph
  • ₹24.5
    ₹60.65
    ₹51.9
    downward going graph

    52.79%

    Low

    52 Weeks Volatility:69.65%

    High

    16.86%

    downward going graph
1 Month Return16.91 %
3 Month Return1.57 %
1 Year Return86.18 %
Previous Close₹51.85
Open₹52.50
Volume2.69L
Upper Circuit-
Lower Circuit-
Market Cap₹230.11Cr

Company Information

Indbank Merchant Banking Services, established in 1989 as a subsidiary of Indian Bank, is the country's first public sector merchant banking subsidiary to go public. Indbank's services include issue management, leasing and hire purchase, loan syndication, merger and acquisitions, stockbroking, treasury management, portfolio management, and investment counselling. The company has opened oddlot trading counters, and with Martin Currie UK, launched an open ended offshore fund worth 187 million US dollars. Additionally, Indbank has the distinction of being the first institutional member of the Madras Stock Exchange. They launched the first specific sector offshore fund, the Schroder Indian Communication Fund, in collaboration with Schroder, a leading UK investment banker. In response to SEBI regulations, Indbank has stopped accepting fresh or renewal fixed deposits as of December 1997, and had around 24.16 crores in deposits by March 2000. Repayment of the deposits is ongoing.

Share Price: ₹51.90 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹230.11Cr as of today
Listing date: 08 Feb, 1995
OrganisationIndbank Merchant Banking Services Ltd
HeadquartersChennai
IndustryStock/ Commodity Brokers
E-voting on sharesClick here to vote

Key events for Indbank Merchant Banking Services Ltd

  • Indbank Merchant Banking Services Q4 Revenue Up 8.74%, Profit Down 2.31% YoY - 24 Apr, 2024

    Indbank Merchant Banking Services reported a Q4 revenue growth of 8.74% YoY, while profit decreased by 2.31%. EPS for the quarter was ₹0.34, down 45.21% YoY. The company delivered -4.04% return in the last week and has a market cap of ₹216.34 Cr.

  • Indbank Merchant Banking Services Ltd sees 27% price jump - 13 Apr, 2024

    Indbank Merchant Banking Services has seen a significant increase in earnings growth, with a 68% rise over the last year. This momentum is expected to continue into the future, with investors willing to pay a moderate amount for the stock.

  • Indbank Merchant Banking Services Reports Profits and Revenue Growth - 04 Apr, 2024

    Indbank Merchant Banking Services has reported profits and revenue growth, with EPS growing 24% each year over three years. The CEO's modest compensation supports alignment with shareholders. The stock is worth watching for potential value.

Fundamentals of Indbank Merchant Banking Services Ltd

Insights on Indbank Merchant Banking Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, INDBANK stock has moved up by 5.9%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.01% to 0.05% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Authum Investment & Infrastructure Ltd has given 2629.9% return, outperforming this stock by 2337.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.84% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Motilal Oswal Financial Services Ltd has given 310.0% return, outperforming this stock by 223.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 35.06% to 35.02% in Mar 2024 quarter

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
64.84%
0.00
Foreign Institutions
0.05%
0.00
Mutual Funds
0.09%
0.00
Retail Investors
35.02%
0.00
Others
0%
0.00

Technicals of Indbank Merchant Banking Services Ltd share

News & Events of Indbank Merchant Banking Services Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Indbank Merchant Banking Services Ltd shares.

Indbank Merchant Banking Services Ltd (INDBANK) share price today is ₹51.9

Indbank Merchant Banking Services Ltd is listed on NSE

Indbank Merchant Banking Services Ltd is listed on BSE

  • Today’s highest price of Indbank Merchant Banking Services Ltd is ₹52.6.
  • Today’s lowest price of Indbank Merchant Banking Services Ltd is ₹51.3.

Today’s traded volume of Indbank Merchant Banking Services Ltd(INDBANK) is 2.69L.

Today’s market capitalisation of Indbank Merchant Banking Services Ltd(INDBANK) is ₹230.11Cr.

Indbank Merchant Banking Services Ltd(INDBANKPrice
52 Week High
₹60.65
52 Week Low
₹24.5

Indbank Merchant Banking Services Ltd(INDBANK) share price is ₹51.9. It is down -14.43% from its 52 Week High price of ₹60.65

Indbank Merchant Banking Services Ltd(INDBANK) share price is ₹51.9. It is up 111.84% from its 52 Week Low price of ₹24.5

Indbank Merchant Banking Services Ltd(INDBANKReturns
1 Day Returns
0.05%
1 Month Returns
16.91%
3 Month Returns
1.57%
1 Year Returns
86.18%