Today, in this blog about Indian Bank Share Price Target we are trying to give investors a unique idea. Before investing in any share, you should know each & every detail about the share in times of huge ups and downs in every share market. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.
Indian Bank Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, business policy, shareholding pattern, and forecast share price yearly. We use expert data and analysis to understand the Indian Bank Share Price Target 2024 to 2030.
What Is Indian Bank Limited?
Indian Bank is an Indian public-sector bank that was established in 1907. The headquarters is situated in Chennai. The total number of ATMs in the bank is 4,937 and the company has a total customers of 100 million. The company provides services to Corporate Banking, Finance & Insurance, Private Equity, Savings, Credit Cards, Merchant Banking, Mortgage Loans, etc.
Fundamental Analysis Of Indian Bank Limited
| Company Name | Indian Bank Limited |
| Market Cap | ₹77,712.85 Crore |
| Face Value | ₹10 |
| Book Value | ₹406.98 |
| 52 Week High | ₹627.12 |
| 52 Week Low | ₹374.50 |
| DIV. YIELD | 2.08% |
| P/B | 1.43 |
Financial Data Analysis Of Indian Bank Limited
We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the section below, we discuss the performance of the company. Indian Bank Share Price Target also depends on the ratio described below.
| PE Ratio | Return On Assets (ROA) | CASA | Return On Equity (ROE) |
| 8.88 | 1.10% | 40.78% | 17.25% |
Also Read – Bandhan Bank Share Price Target
Investors Types And Ratio Of Indian Bank Limited
There are four main types of investors in Indian Bank Limited. The company’s growth also depended upon the ratio of investors who invested in the share.
| Shareholders | Percentage(%) |
| Promoter | 74% |
| Public | 3.00% |
| FII | 6.00% |
| DII | 17.00% |
Indian Bank Share Price Target 2024
Indian Bank Share Price return amount was 11.76% in the last 3 months, the last 1-year share price return percent was 50.89%, and the last 3 years’ share price return percentage was 328.24% as compared to Nifty 100 which gave a return of 53.86%. The Bank has gross NPA% and Net NPA% have fallen continuously over the past 4 years to 3.96% and 0.44%. Indian Bank Share Price Target 2024 Forecast is described below portion.
- In the middle of the year, the price rate may reach at ₹625.
- At the end of the year, the price rate may reach at ₹690.
| Month | Indian Bank Share Price Target 2024 |
| August | ₹625 |
| September | ₹652 |
| October | ₹648 |
| November | ₹672 |
| December | ₹690 |
Indian Bank Share Price Target 2025
In the last 17 years, only 4.56% of trading sessions saw intraday gains which is higher than 5%. The total revenue amount was ₹52,794.68 Crore in the year 2023 which became ₹64,336.74 Crore in the year 2024. The company has a good ROE ratio which was 13.91% in the 3 years which increased to 17.53% in the last 1 year. Indian Bank Share Price Target 2025 Forecast is described below portion.
- In the 1st stage of the year, the price rate may reach at ₹715.
- In the middle of the year, the price rate may reach at ₹815.
- At the end of the year, the price rate may reach at ₹920.
| Month | Indian Bank Share Price Target 2025 |
| January | ₹715 |
| February | ₹738 |
| March | ₹735 |
| April | ₹750 |
| May | ₹765 |
| June | ₹786 |
| July | ₹815 |
| August | ₹836 |
| September | ₹855 |
| October | ₹878 |
| November | ₹892 |
| December | ₹920 |
Also Read – Bank Of Baroda Share Price Target
Indian Bank Share Price Target 2026
The final dividend amount was ₹12.0000 per share (120%) in the year 2024 which was ₹8.6000 per share (86%) in the year 2023. Indian Bank stock generated a 328.19% return as compared to the Nifty Bank which gave investors a 39.98% return in the last 3 years. If we look at Indian Bank Share Price Target 2026 forecast is described below portion.
- In the 1st stage of the year, the price rate may reach ₹930.
- In the middle of the year, the price rate may reach ₹1120.
- At the end of the year, the price rate may reach at ₹1120.
| Month | Indian Bank Share Price Target 2026 |
| January | ₹930 |
| February | ₹945 |
| March | ₹940 |
| April | ₹955 |
| May | ₹978 |
| June | ₹989 |
| July | ₹1020 |
| August | ₹1042 |
| September | ₹1085 |
| October | ₹1063 |
| November | ₹1105 |
| December | ₹1120 |
Indian Bank Share Price Target 2027
The Net Profit amount of Indian Bank was ₹5,301.85 Crore in March 2023 which increased to ₹8,123.02 Crore in March 2024. The Net Income amount of the bank was ₹52,814.52 Crore in March 2023 which increased to ₹64,352.44 Crore in March 2024. CASA ratio stands at 40.78% of total deposits. If we look at the Indian Bank Share Price Target 2027 forecast the 1st Price Target may start from ₹1130 and the 2nd Price Target may reach at ₹1336.
| Month | Indian Bank Share Price Target 2027 |
| January | ₹1130 |
| February | ₹1145 |
| March | ₹1140 |
| April | ₹1152 |
| May | ₹1165 |
| June | ₹1178 |
| July | ₹1193 |
| August | ₹1240 |
| September | ₹1255 |
| October | ₹1285 |
| November | ₹1315 |
| December | ₹1336 |
Indian Bank Share Price Target 2028
If Indian Bank Share followed the upward trend it would reach a high value by the end of the year 2028. If we look at the Indian Bank Share Price Target 2028 forecast is described below.
- In the first stage of the year, the price rate starts at ₹1345.
- In the middle of the year, the price rate may reach at ₹1484.
- Following the upward trend the price rate may reach at ₹1595.
| Month | Indian Bank Share Price Target 2028 |
| January | ₹1345 |
| February | ₹1393 |
| March | ₹1380 |
| April | ₹1399 |
| May | ₹1425 |
| June | ₹1469 |
| July | ₹1484 |
| August | ₹1475 |
| September | ₹1445 |
| October | ₹1495 |
| November | ₹1532 |
| December | ₹1595 |
Indian Bank Share Price Target 2030
The Total Assets amount of the company was ₹7,15,360.85 Crore in March 2023 which reached ₹7,97,826.41 Crore in March 2024. In the banking sector, people have trust in the company the promoter holding capacity of the bank is very good which is 74% which means many good investor wants to invest in the share. If we look at the Indian Bank Share Price Target 2030 forecast is described in the below portion.
- In the first stage of the year, the price rate starts at ₹1810.
- In the middle of the year, the price rate may reach at ₹1888.
- Following the upward trend the price rate may reach at ₹2026.
| Month | Indian Bank Share Price Target 2030 |
| January | ₹1810 |
| February | ₹1825 |
| March | ₹1840 |
| April | ₹1855 |
| May | ₹1888 |
| June | ₹1915 |
| July | ₹1940 |
| August | ₹1965 |
| September | ₹1955 |
| October | ₹1978 |
| November | ₹1995 |
| December | ₹2026 |
Peer’s Company Of Indian Bank Limited
| Company Name | Market Cap (Crore) |
| Punjab National Bank | ₹127,924.52 |
| State Bank Of India | ₹736,678.92 |
| Bank Of Baroda | ₹128,145.23 |
| Canara Bank | ₹101,376.52 |
Should I invest in Indian Bank Share right now?
The last 3 month’s share price return percentage was 11.76% and the last 6 months’ share growth was +78.15 (15.64%). The promoter’s holding capacity of the company is 74% which means many good investor wants to invest in the share. In the last 1 year, the Indian Bank Share has followed an upward trend. The Net Profit amount of the company increased in the last 1 year compared to the last 3 years. If anyone wants to invest in the share it will be profitable on a long-term basis. Indian Bank share always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.
What is the future growth of Indian Bank Share?
Positive Side
- One of the most important positive sides for the Indian Bank is providing banking facility through online. Netbanking facility helps people to reach all banking facilities without a presence in the bank.
- Indian Bank has a good ROE ratio which was 17.53% in the last 1 year.
- The Net Profit growth percentage of the company was 38.68% in the last 3 years.
- Indian Bank has a good capital adequacy ratio which is 16.51%.
- The company spread its business out of the whole world.
Risky Effects
- The company has had a poor ROA ratio in the last 3 years which was 0.84%.
- The company has a high cost-to-income ratio of 45.94%.
Also Read – Axis Bank Share Price Target
FAQ
What is the Indian Bank Share Price Target for 2024?
Indian Bank Share Price Target for 2024 is ₹625 to ₹690.
What is the Indian Bank Share Price Target for 2025?
Indian Bank Share Price Target for 2025 is ₹715 to ₹920.
What is the Indian Bank Share Price Target for 2026?
Indian Bank Share Price Target for 2026 is ₹930 to ₹1120.
What is the Indian Bank Share Price Target for 2027?
Indian Bank Share Price Target for 2027 is ₹1130 to ₹1336.
What is the Indian Bank Share Price Target for 2028?
Indian Bank Share Price Target for 2028 is ₹1345 to ₹1595.
What is the Indian Bank Share Price Target for 2030?
Indian Bank Share Price Target for 2030 is ₹1810 to ₹2026.
Who is the CEO of Indian Bank Limited?
Mr. Shanti Lal Jain is the CEO of Indian Bank Limited.
What is the REO percentage performance in the last few years of the Indian Bank?
The last 5 years’ ROE percentage was 11.58% in the last 5 years, and the last 3 years’ ROE percentage was 13.91% which increased to 17.53% in the last 1 year.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Indian Bank Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Indian Bank Share Price Target may reach a very high position. Indian Bank Company is related to the banking Sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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