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IndusInd Bank Ltd share price logo

IndusInd Bank Ltd

(INDUSINDBK)

₹1308.252.89%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

IndusInd Bank Ltd Analyst Rating

based on 41 analysts

BUY

87.80%

Buy

9.76%

Hold

2.44%

Sell

Based on 41 analysts offering long term price targets for IndusInd Bank Ltd. An average target of ₹1762.78

Source: S&P Global Market Intelligence

IndusInd Bank Ltd Share analysis

IndusInd Bank Ltd price forecast by 41 analysts

Upside of30.84%

High

₹2010

Target

₹1762.78

Low

₹1380

IndusInd Bank Ltd target price ₹1762.78, a slight upside of 30.84% compared to current price of ₹1308.25. According to 41 analysts rating.

Source: S&P Global Market Intelligence

IndusInd Bank Ltd Performance

  • Day's Low

    Day's High

    ₹1,299.6
    ₹1,353.95
  • 52 Week's Low

    52 Week's High

    ₹1,299.6
    ₹1,694.5
1 Month Return-8.04 %
3 Month Return-5.35 %
1 Year Return-6.11 %
Previous Close₹1,347.25
Open₹1,352.05
Volume58.63L
Upper Circuit-
Lower Circuit-
Market Cap₹1,04,949.84Cr

IndusInd Bank Ltd Key Statistics

P/E Ratio11.61
PEG Ratio0.85
Market Cap₹1,04,949.84 Cr
P/B Ratio1.94
EPS115.34
Dividend Yield0
SectorBanks
ROE15.32

IndusInd Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,04,949.84 Cr0.09%NA₹8,977 Cr₹55,143 Cr
BUY₹30,924.21 Cr-13.14%NANANA
BUY₹8,91,107.50 Cr36.06%NA₹44,256 Cr₹2,36,037 Cr
BUY₹3,70,253.16 Cr13.58%NA₹26,386 Cr₹1,37,989 Cr
BUY₹12,83,382.45 Cr7.14%NA₹64,062 Cr₹4,07,994 Cr

About IndusInd Bank Ltd

IndusInd Bank Ltd is an Indian-based private sector bank established in 1994. The bank is headquartered in Mumbai, Maharashtra and offers a wide range of services, including corporate and retail banking, treasury and international banking services. It also offers a variety of financial products and services, including credit cards, debit cards, loans, mutual funds, and insurance.

IndusInd Bank Ltd is a full-service bank that offers a wide range of services, including personal banking, corporate banking, and international banking. It offers a variety of products and services, such as loans, credit cards, debit cards, mutual funds, and insurance. It also provides digital banking services such as mobile banking, internet banking, and e-commerce.

The bank has a strong presence in India, with over 1,500 branches and over 4,000 ATMs across the country. It also has a presence in the United Kingdom, Singapore, and Dubai. The bank's top products include savings accounts, current accounts, fixed deposits, term deposits, and recurring deposits. It also offers a range of popular brands, such as IndusInd Bank Platinum, IndusInd Bank Signature, and IndusInd Bank Platinum Plus.

Share Price: ₹1308.25 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,04,949.84Cr as of today
Revenue: ₹14,988.38Cr as on June 2024 (Q2 24)
Net Profit: ₹2,170.79Cr as on June 2024 (Q2 24)
Listing date: 28 Jan, 1998
Chairperson Name: Sunil Mehta
OrganisationIndusInd Bank Ltd
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for IndusInd Bank Ltd

  • IndusInd Bank Sees Potential MSCI Inflows Amid FII Changes - 18 Oct, 2024

    IndusInd Bank's FII holding has decreased, potentially allowing for a doubling of its MSCI weight, which could attract $290 million in inflows. However, RBI's caution on rate cuts adds uncertainty to the market outlook.

  • IndusInd Bank Reports Strong Growth in Advances and Deposits - 08 Oct, 2024

    IndusInd Bank reported a 13% year-on-year increase in net advances, reaching Rs 3,56,980 crore as of September 30, 2024. Deposits also grew by 15% to Rs 4,12,704 crore in Q2 FY25 compared to the previous year.

  • IndusInd Bank Reports Strong Loan and Deposit Growth - 07 Oct, 2024

    IndusInd Bank reported a 13% increase in net advances and a 15% rise in deposits for Q2 FY25. The CASA ratio fell to 35.9%. Analysts expect loan growth to pick up in upcoming quarters, despite some operational challenges.

  • IndusInd Bank Reports Strong Q2 Growth Metrics - 04 Oct, 2024

    IndusInd Bank's Q2 FY25 update shows a 13% increase in net advances and a 15% rise in deposits. CASA ratio slightly declined, but retail deposits grew.

  • IndusInd Bank Reappoints CEO, Boosts Investor Confidence - 30 Sep, 2024

    IndusInd Bank's board has approved the re-appointment of Sumant Kathpalia as MD and CEO for three years, pending RBI approval. Goldman Sachs maintains a buy rating with a target price of Rs 1,635, alleviating management concerns.

  • IndusInd Bank Reappoints CEO, Plans Wealth Management Growth - 27 Sep, 2024

    IndusInd Bank reappointed Sumant Kathpalia as MD and CEO for three years. The bank aims to triple its wealth management Assets under Management to $30 billion.

  • Analyst Warns of Overvaluation in Lenders - 26 Sep, 2024

    Seshadri Sen from Emkay Global Financial Services suggests that lenders, including IndusInd Bank, are overvalued at current price-to-book ratios. He advises long-term investors to reduce their holdings during this rally.

Insights on IndusInd Bank Ltd

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

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 15 quarters, 8.88K Cr → 14.98K Cr (in ₹), with an average increase of 3.7% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 18.34% to 20.96% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 15.09% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 48.4% return, outperforming this stock by 54.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, ICICI Bank Ltd has given 67.4% return, outperforming this stock by 53.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 2.34K Cr → 2.17K Cr (in ₹), with an average decrease of 7.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 35.38% to 31.45% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, INDUSINDBK stock has moved down by -6.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.86% to 13.33% in Sep 2024 quarter

IndusInd Bank Ltd Infographics

IndusInd Bank Ltd Q1 FY2024-2025 Results: Key Insights

IndusInd Bank posted a marginal 2% rise in net profit

  • IndusInd Bank posted a marginal 2% rise in net profit

News

Uday Kotak at Idea Exchange: ‘Software isn’t adding jobs it did… We have to reinvent ourselves on where we can create new jobs’

As one of India’s foremost bankers and the founder of the Kotak Mahindra Bank, he played a key role in developing India’s banking and financial sector.29 Jul, 2024 04:10 AM

Stock markets open in the green amid mixed global cues

Mumbai: Equity benchmark indices climbed on Wednesday as the markets saw volatile trading amid buying in bank stocks in tandem with mixed global trends.31 Jul, 2024 10:24 AM

Fairfax, Emirates NBD, Kotak Mahindra Bank Lead Race For IDBI Bank

These bidders have successfully cleared the Reserve Bank of India's (RBI) fit and proper checks, paving the way for the next stage of the bidding process.31 Jul, 2024 07:26 PM
View More

IndusInd Bank Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹12,939.47Cr (-)₹13,529.68Cr (↑4.56%)₹13,968.17Cr (↑3.24%)₹14,706.66Cr (↑5.29%)₹14,988.38Cr (↑1.92%)
Net Income₹2,124.50Cr (-)₹2,202.16Cr (↑3.66%)₹2,301.49Cr (↑4.51%)₹2,349.15Cr (↑2.07%)₹2,170.79Cr (↓7.59%)
Net Profit Margin16.42% (-)16.28% (↓0.85%)16.48% (↑1.23%)15.97% (↓3.09%)14.48% (↓9.33%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,63,328.01Cr (-)₹4,01,974.58Cr (↑10.64%)₹4,58,202.58Cr (↑13.99%)₹5,15,826.44Cr (↑12.58%)
Total Liabilities₹3,63,328.01Cr (-)₹4,01,974.58Cr (↑10.64%)₹4,58,202.58Cr (↑13.99%)₹5,15,826.44Cr (↑12.58%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹12,038.66Cr (-)₹44,645.59Cr (↓470.85%)₹16,600.07Cr (↓62.82%)-₹12,437.62Cr (↓174.93%)-₹16,843.41Cr (↑35.42%)

Index Inclusions

Nifty50 Value 20

₹13,978.25

-0.72 (-101.15%)

NIFTY 100

₹25,739.50

-0.44 (-114.3%)

S&P BSE 100 ESG

₹410.27

-0.21 (-0.86%)

NIFTY 50

₹24,781.10

-0.29 (-72.95%)

Nifty LargeMidcap 250

₹16,213.95

-0.98 (-159.85%)

BANKEX

₹59,115.28

-0.36 (-216.48%)

DFRGRI Indices

₹1,503.27

-1.14 (-17.33%)

SENSEX

₹81,151.27

-0.09 (-73.48%)

BSE 100

₹26,196.60

-0.43 (-113.18%)

S&P BSE Largecap

₹9,659.81

-0.43 (-41.7%)

S&P BSE SENSEX 50

₹26,057.58

-0.25 (-66.45%)

S&P BSE Dividend Stability

₹1,074.93

-0.92 (-9.99%)

BANK NIFTY

₹51,962.70

-0.25 (-131.5%)

S&P BSE Enhanced Value

₹968.95

-1.87 (-18.5%)

Nifty Services Sector

₹32,176.90

-0.2 (-63.35%)

BSE 200

₹11,421.17

-0.61 (-70.27%)

S&P BSE Private Banks

₹18,548.88

-0.23 (-43.05%)

S&P BSE 250 LargeMidCap

₹10,836.09

-0.63 (-68.92%)

Nifty 100 Liquid 15

₹6,739.10

-1.03 (-70.35%)

Nifty 200

₹13,989.40

-0.65 (-91.1%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

Nifty100 Eq Weig

₹33,461.55

-1.07 (-360.9%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

Nifty Private Bank

₹25,703.50

-1.08 (-280.6%)

S&P BSE Fin. Ser

₹11,597.77

-0.25 (-28.97%)

S&P BSE 100 LargeCap TMC

₹9,268.50

-0.41 (-37.77%)

IndusInd Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
15.09%
-0.03
Foreign Institutions
31.45%
-11.12
Mutual Funds
20.96%
14.24
Retail Investors
13.33%
-3.84
Others
19.18%
10.74

IndusInd Bank Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)486.57558.36615.79704.46806.97
Details20202021202220232024
Earning Per Share (₹)64.2837.8862.0295.93115.34
Details20202021202220232024
Return On Equity %14.557.3310.214.5315.32
Details20202021202220232024
Return On Assets %1.450.811.21.621.74

IndusInd Bank Ltd Valuation

IndusInd Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.58x)

March 25, 2020

Today (11.61x)

October 18, 2024

Industry (15.45x)

October 18, 2024

Highest (34.49x)

February 25, 2021

LowHigh

IndusInd Bank Ltd Earnings and Dividends

  • IndusInd Bank Ltd Earnings Results

    IndusInd Bank Ltd’s net profit jumped 2.18% since last year same period to ₹2,170.79Cr in the Q1 2024-2025. On a quarterly growth basis, IndusInd Bank Ltd has generated -7.59% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • IndusInd Bank Ltd Dividends April,2024

    In the quarter ending March 2024, IndusInd Bank Ltd has declared dividend of ₹16.50 - translating a dividend yield of 1.26%.

    Read More about Dividends

IndusInd Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

IndusInd Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

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IndusInd Bank Ltd (INDUSINDBK) share price today is ₹1308.25

IndusInd Bank Ltd is listed on NSE

IndusInd Bank Ltd is listed on BSE

  • Today’s highest price of IndusInd Bank Ltd is ₹1353.95.
  • Today’s lowest price of IndusInd Bank Ltd is ₹1299.6.

PE Ratio of IndusInd Bank Ltd is 11.61

PE ratio = IndusInd Bank Ltd Market price per share / IndusInd Bank Ltd Earnings per share

Today’s traded volume of IndusInd Bank Ltd(INDUSINDBK) is 58.63L.

Today’s market capitalisation of IndusInd Bank Ltd(INDUSINDBK) is ₹104949.84Cr.

IndusInd Bank Ltd(INDUSINDBKPrice
52 Week High
₹1694.5
52 Week Low
₹1299.6

IndusInd Bank Ltd(INDUSINDBK) share price is ₹1308.25. It is down -22.79% from its 52 Week High price of ₹1694.5

IndusInd Bank Ltd(INDUSINDBK) share price is ₹1308.25. It is up 0.67% from its 52 Week Low price of ₹1299.6

IndusInd Bank Ltd(INDUSINDBKReturns
1 Day Returns
-39%
1 Month Returns
-8.04%
3 Month Returns
-5.35%
1 Year Returns
-6.11%