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INDIAN BANK 67.45 0.35 (0.52%)

  • BSE: 532814
  • |
  • NSE: INDIANB
  • |
  • ISIN NO: INE562A01011
  • |
  • INDUSTRY: Banks
Profile

INDIANB

Indian Bank or INDIANB

Indian Bank has established a part of the Swadeshi movement on 15 August 1907. It provides a broad spectrum of banking products and services. It is a pioneer in introducing Self Help Groups and Financial Inclusion Project in the country. It has also entered into the strategic tie-up with HDFC Standard Life Insurance Company Ltd., the first in the private sector to receive the Certificate of Registration for a foray into Life Insurance business ... for distribution of latter's insurance products. The bank has entered into an agreement named "A Memorandum of understanding" which has been signed by the Bank with the Insurance Company on 8 February 2001 to this effect. Indian Bank has two subsidiaries Indbank Merchant Banking Services Ltd, IndBank Housing Ltd. It has overseas branches in Singapore, Colombo including a Foreign Currency Banking Unit at Colombo and Jaffna.

Some of the Businesses:

  1. Personal Banking:
Under this, the bank offers fixed deposits, and savings accounts, and recurring accounts, savings accounts for kids and senior citizens, and internet banking, and ATM facility with debit/credit cards, and both home & personal loans.
  1. NRI services:
It also offers different banking products as well as services to NRI clients such as savings accounts, and remittance facilities, forex advisory services, home loans, and many more.
  1. This particular Bank also provides cash management services (CMS), and electronic funds transfer schemes. It also offers seven–day banking at a few of its branches.

Some Awards:

  1. The Bank received the Skoch Challenger Award for its financial inclusion initiatives in Pondicherry and Dharavi.
  2. The Bank bagged the first prize for excellent performance under the SHG–Bank Linkage Programme conducted by NABARD.
  3. Three branches of Indian banks located in Tamil Nadu were awarded best performing commercial banks.

The Milestones:

  1. 2010:
  • The Bank launches ASBA Phase II, Sets up Loan Syndication Desks.
  1. 2011:
  • Indian Bank launches "e–Treasury."
  • Indian Bank wins – "Best Risk Master Award."
  • Indian Bank launches 24 hours e-Banking Lounge at Alwarpet, Debit Cards for Senior Citizens and Interbank Mobile Payment Services.
  1. 2012:
  • The Award for bravery by Indian Bank.
  • The launching of the Online Fees Payment Facility for the students of the Institute of Distance Education and Other Departments of the University of Madras.
  1. 2013:
  • The National Excellence Award in Micro Enterprises lending by Ministry of MSME, GOI.
  1. 2014:
  • The Indian Bank receives Best Bank Award for extending Credit to SHGs, from the Government of Tamil Nadu.

Read More
Key Data
  • Market cap 6505.00 CR.
  • Book value 195.59
  • Stock P/E 10
  • Dividend Yield 0.00%
  • ROCE 5.26%
  • ROE 3.63%
  • Sales Growth (3Y) 10.10%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 55.23 58.88 62.53 64.12 66.18 67.77 69.83 73.48 77.13
woodie's 56.43 60.08 62.34 63.72 65.99 67.38 69.64 71.02 74.68
fibonacci - 62.53 63.93 64.79 66.18 67.58 68.44 69.83 -
camarilla 63.69 64.70 65.03 65.37 -- 66.03 66.37 66.70 67.71
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 61.05
68.80
64.85 7.79 % 1.48 %
20 DAY 57.35
68.80
62.60 11.55 % 5.01 %
50 DAY 53.10
68.80
60.15 16.59 % 10.14 %
100 DAY 53.10
71.85
61.11 6.17 % 13.98 %
200 DAY 41.55
97.05
59.07 47.15 % 40.86 %
YTD 41.55
109.70
64.39 -33.27 % 6.75 %
52 Week 41.55
271.00
102.57 -44.64 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-06-01
44.05 ~ 43.95 SUPPORT
Unfilled Gap Down On 2018-09-18
313.95 ~ 315.10 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 14.89 %

In Last 5 Year the industry has grown by 9.11 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
INDIANB 15249.00 15853.00 16244.00 16039.00 17115.00 19182.00
SBIN 189062.00 207974.00 220633.00 230447.00 228970.00 253322.00
ICICIBANK 49479.00 54964.00 59294.00 60940.00 62162.00 71982.00
HDFCBANK 42555.00 50666.00 63162.00 73271.00 85288.00 105161.00
AXISBANK 30736.00 35727.00 41409.00 45175.00 46614.00 56044.00
Total 65416.20 73036.80 80148.40 85174.40 88029.80 101138.20

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE GNPA REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 HDFC Bank Ltd 789438.80 1440.70 272.34 41.00 30.37 40.98 105161.00 22332.00 21.24% 23.30% 20.65% 20.48% 25.80%
2 ICICI BANK LTD. 306041.31 472.80 167.47 6.60 81.68 3.30 71982.00 4254.00 5.91% 15.80% 7.10% 1.75%
3 KOTAK MAHINDRA BANK LTD. 363517.84 1901.65 224.42 37.74 44.78 4.95 1.94% 29935.00 7204.00 24.07% 19.12% 16.17% 21.23% 27.15%
4 STATE BANK OF INDIA 218027.93 244.30 247.53 2.58 120.54 2.58 253322.00 2300.00 0.91% 10.64% 10.70%
5 AXIS BANK LTD. 169805.42 602.10 236.40 19.59 36.96 9.80 56044.00 5039.00 8.99% 20.23% 1005.04% 17.87% 10.76%
6 INDUSIND BANK LTD. 59468.22 857.65 384.70 54.77 23.24 5.47 2.10% 22261.00 3301.00 14.83% 28.82%
7 Bandhan Bank Ltd 59048.42 366.65 69.57
8 LAKSHMI VILAS BANK LTD. 26018.79 7.65 56.21
9 BANK OF BARODA 23703.34 51.30 99.43 4.15 21.24 2.08 52906.00 1100.00 2.08% 14.87% 13.03%
10 PUNJAB NATIONAL BANK 22557.29 33.45 66.47 52147.00 7.02% 10.18%
11 Dhanlaxmi Bank Limited 25247.98 9.93 30.08
12 IDBI BANK LTD. 39550.58 38.10 36.23 22102.00 6.62%
13 AU Small Finance Bank Ltd 25684.35 845.55 65.83
14 BANK OF INDIA 14790.44 45.10 127.20 41005.00 7.03% 9.59%
15 IDFC First Bank Ltd 17599.01 36.70 37.92 12204.00 34.14%
16 CANARA BANK 10682.87 103.75 351.16 7.99 23.03 0.80 8.87% 46897.00 602.00 1.28% 13.43% 10.60%
17 FEDERAL BANK LTD. 12502.34 62.75 66.62 6.63 13.70 3.31 2.92% 11635.00 1316.00 11.31% 17.35% 40.75% 13.38% 10.80%
18 CITY UNION BANK LTD. 13687.93 185.90 65.79
19 UNION BANK OF INDIA 9584.08 28.00 77.38 34314.00 4.13%
20 RBL Bank Ltd 11375.44 223.70 148.46 20.10 15.81 2.01 6302.00 858.00 13.61% 38.17% 35.76%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 19.91
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 89.81
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
INDIANB 2016-09-06 HSBC GLOBAL INVESTMENT FUNDS INDIAN EQUITY P 2630000.00 222.00
INDIANB 2016-09-06 HSBC GLOBAL INVESTMENT FU NDS MAURITIUS LTD S 2630000.00 222.00
INDIANB 2016-08-08 HSBC GLOBAL INVESTMENT FUNDS INDIAN EQUITY P 4247116.00 200.75
INDIANB 2016-08-08 HSBC GLOBAL INVESTMENT FU NDS MAURITIUS LTD S 4247116.00 200.75
INDIANB 2007-03-01 GOVERNMENT OF SINGAPORE I P 4732116.00 91.55
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
INDIANB 2016-10-03 HSBC GLOBAL INVESTMENT FUNDS INDIAN EQUITY P 1617115.00 215.00
INDIANB 2016-10-03 HSBC GLOBAL INVESTMENT FU NDS MAURITIUS LTD S 1617115.00 215.00
INDIANB 2016-09-06 HSBC GLOBAL INVESTMENT FU NDS MAURITIUS LTD S 2630000.00 222.00
INDIANB 2016-09-06 HSBC GLOBAL INVESTMENT FUNDS INDIAN EQUITY P 2630000.00 222.00
INDIANB 2016-08-08 HSBC GLOBAL INVESTMENT FU NDS MAURITIUS LTD S 4247116.00 200.75
INDIANB 2016-08-08 HSBC GLOBAL INVESTMENT FUNDS INDIAN EQUITY P 4247116.00 200.75
Dividend history
Ex Date Amount
2018-06-21 6.00
2017-06-02 6.00
2016-06-23 1.50
2015-06-23 4.20
2014-06-23 1.70
2014-01-20 3.00
2013-06-24 6.60
2012-06-25 7.50
2011-05-30 7.50
2010-06-07 4.00
2010-03-04 2.50
2009-06-18 3.00
2009-03-09 2.00
2008-05-22 4.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value