Price History
The Nifty Next 50 portfolio might see new additions such as Wipro, Polycab, Hitachi Energy, Indian Bank, and ICICI Pru AMC, potentially attracting around $212 million in investments. Conversely, the exit of companies like Indian Hotels, REC, Shree Cement, Zydus Lifesciences, and Lodha may lead to a possible outflow of approximately $202 million, according to Axis Capital's analysis.
Indian banks have recommenced gold and silver imports after a month-long pause due to a dispute over a 3% customs levy. The banks have reportedly agreed to pay the levy, ending the delay in shipments, as reported by Reuters.
Effective May 29, 2023, Federal Bank and MCX will be added to the MSCI Standard Index, joining NALCO and Indian Bank as new members. This inclusion reflects their significant market influence within the Indian economy.
The MSCI's upcoming 2026 index update introduces MCX and Indian Bank while removing RVNL and Kalyan Jewellers from the list, with India's overall representation within the MSCI Standard Index remaining stable.
MSCI has added Federal Bank and MCX to its index, potentially bringing in investments worth between $209 million and $491 million. On the other hand, RVNL and Kalyan Jewellers have been removed, possibly leading to outflows of investments valued between $136 million and $281 million. These changes take effect on May 29, 2026.
Public sector banks showed improvement in asset quality during FY26, yet margins remain under pressure, with key players such as SBI, BoB, PNB, Union Bank, and Indian Bank experiencing mixed results in Q4.
Indian banks are projected by McKinsey to reach a Return on Assets (ROA) of 1.4% in the fiscal year 2025. However, the pressure on Net Interest Margin (NIM) may curb profitability growth for these banks during this period.
Indian Bank anticipates a slight squeeze in margins for the fiscal year 2027, forecasting a range of 3.15-3.25% due to increased deposit costs. The bank aims to drive growth, focusing particularly on Current Account Savings Account (CASA) deposits, with projections for loan and deposit expansion at 11-13% and 9-10%, respectively.
Newgen Software experiences a 5% growth following its Q4 earnings report, marking it as the top midcap gainer. On the other hand, midcap losses were led by MRPL, Indian Bank, BoI, APL Apollo, and AU Small Finance Bank.
Motilal Oswal identifies Federal Bank and Indian Bank as promising investment choices, forecasting potential gains of up to 34%.
Indian Bank experienced a significant increase of 20% in open interest, marking 22,448 contracts. Despite this rise, the bank's stock has struggled against public sector banks (PSBs) and the Sensex during a three-day price drop with growing volumes.
Indian Bank reported a 5% increase in Q4 profits, driven by an 11% rise in Net Interest Income (NII). The bank's gross Non-Performing Assets (NPAs) decreased. However, the Net NPA remains unchanged. CEO Binod Kumar discussed the results and outlook during a recent briefing.
Indian Bank shows a decrease in its Gross Non-Performing Assets (GNPA) to 1.98%, marking an improvement from the previous quarter's 2.23%. On the other hand, the Net Non-Performing Assets (NNPA) remained stable at 0.15% compared to the preceding quarter in Q4 results.
Anticipated Bajaj Finance Q4 earnings may show a 19% increase, set to release today. However, potential increases in credit costs could potentially squeeze the net interest margin. Results from Federal Bank and Indian Bank are also expected soon.
Today, Vedanta, Adani Power, Bajaj Finance, Federal Bank, and Indian Bank will reveal their Q4 earnings reports. Anticipation builds as investors eagerly await the financial updates slated for April 29th.
Indian Bank reported a Q4 net profit of ₹31 billion, slightly missing the analysts' estimated target of ₹32 billion. However, there was an increase in profits compared to the same quarter last year (YoY).
Indian Bank has announced a dividend payout of ₹18.25 per share to its shareholders, marking a significant distribution of profits.
Indian Bank aims to enhance its capital through a Qualified Institutional Placement (QIP) offering of INR 50 billion. This move is intended to strengthen the bank's financial position.
Indian Bank has announced plans to distribute dividends and raise additional funds for growth. This move signifies the bank's commitment towards shareholders and financial expansion.
Indian Bank has declared a dividend of Rs 18.25 per share for the financial year 2025-26, following approval of their audited results. Additionally, the bank plans to raise up to Rs 5,000 crore through equity capital in the coming period.
Indian Bank reports a growth in Q4 profits, reaching ₹3103 crore compared to ₹2956 crore in the same period last year. Notably, Net Interest Income also saw an upward trend, increasing from ₹6389 crore to ₹7109 crore year-on-year.
Indian Bank has announced that its 20th Annual General Meeting (AGM) will take place on June 17, 2026, using video conferencing and Other Automated Voting Mechanisms (OAVM). The record date for dividend payment is set for June 10, with the book closure period from June 11 to June 17.
Indian Bank's Q4 report highlights their focus on bad loans (NPAs), potential dividend distribution, and ongoing fundraising efforts. Details regarding provisions and loan quality are awaited.
Indian Bank increased its quarterly non-performing asset (NPA) provisions significantly, with a jump from ₹3B to ₹7.5B between quarters. This indicates an increase in bad loans, which could potentially impact the bank's financial performance.
Investors are urged to consider short-term investments in Jio Financial, Indian Bank, Laurus Labs, Bharat Dynamics, and Nalco, with predicted price increases for Jio Financial at Rs 258, Indian Bank at Rs 950, Laurus Labs at Rs 1,165, Bharat Dynamics at Rs 1,485, and Nalco at Rs 468.
Indian banking sector's non-performing assets (NPAs) are projected to stay within a range of 2.0-2.2% by fiscal year 2027, according to Crisil Ratings. Despite potential risks from West Asia, the organization expects steady asset quality in the banking sector.
Indian Bank maintains its top-tier AAA credit rating, backed by a steady financial outlook and a lack of debt defaults. The bank has also shared details about its non-convertible securities for the fiscal years 2025-2026, indicating continued commitment to financial transparency.
Indian Bank has announced significant leadership changes, aligning with SEBI's LODR guidelines. Effective April 16, 2026, Ms. Aruna M and Shri Vineet Bajpai will assume new roles within the bank.
Indian banks are experiencing delays in clearing gold imports due to a delayed government order, potentially affecting the smooth operation of bullion trade processes. This situation could impact the overall gold trading landscape in India.
Banks and the Reserve Bank of India (RBI) are brainstorming strategies to encourage more secure deposit growth due to a shift in household savings towards equities, which is causing concern among banks.
Analysts suggest Sona Comstar, Suzlon, Tata Power, and Indian Bank as potential investments for April 15, 2026, due to promising sector growth. However, it's advisable to set a stop loss to manage risks associated with these stocks.
Indian Bank witnessed a 12.3% increase in open interest for its derivatives, hinting at heightened market interest. Despite a minor price drop, robust F&O volumes may indicate a shift in investor sentiment towards the bank.
Banks are expected to perform well in Q4, with HDFC Bank, Bank of Baroda, Bank of Maharashtra, and Indian Bank being top picks by SBI Securities. The IT sector is seen with limited downside potential, while opportunities in AI are emerging, but oil marketers should exercise caution.
Indian Bank reported a 7% increase in Q4 profits, reaching INR 3,061.48 crore, despite a 13% year-on-year growth in deposits to INR 8.30 lakh crore by March 26. However, the bank's shares experienced a 4% dip following this announcement.
Indian Bank has made changes to its Treasury Bills Linked Lending Rates (TBLR) as of April 3, 2026, while the Base Rate, MCLR, BPLR, and RBLR remain unaltered. The bank provided specific adjustments for TBLR based on tenor.
Indian Bank's open interest has significantly surged by 10.5%, indicating a potential shift in market sentiment or increased trader engagement. This development points towards enhanced trading activity within the bank's securities markets.
Indian Bank reports a significant growth in its lending activities, with gross advances increasing by 13.6% year-over-year to reach ₹6.68 trillion. Additionally, the bank's total deposits have also grown, rising by 12.6% YoY to ₹8.30 trillion.