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Buy Indian Bank, target price Rs 440: Jayesh Bhanushali
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Indian Bank with a target price of Rs 440. The current market price of Indian Bank is Rs 420.4.
Indian Bank, incorporated in the year 1907, is a banking company (having a market cap of Rs 51623.54 Crore).
Indian Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 14921.43 Crore, up 3.51 % from last quarter Total Income of Rs 14415.98 Crore and up 25.42 % from last year same quarter Total Income of Rs 11897.53 Crore.
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