Company Profile

INDIAN BANK

NSE : INDIANBBSE : 532814ISIN CODE : INE562A01011Industry : Bank - PublicHouse : PSU
BSE44.700.8 (+1.82 % )
PREV CLOSE (Rs.) 43.90
OPEN PRICE (Rs.) 46.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 91760
TODAY'S LOW / HIGH (Rs.)43.50 46.00
52 WK LOW / HIGH (Rs.)41.7 292.35
NSE44.80 0.85 (+1.93 % )
PREV CLOSE(Rs.) 43.95
OPEN PRICE (Rs.) 45.00
BID PRICE (QTY) 44.80 (3396 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1019779
TODAY'S LOW / HIGH(Rs.) 43.50 45.10
52 WK LOW / HIGH (Rs.)41.55 292.7

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.00
TTM EPS (Rs.) 6.92
P/E Ratio 6.46
Book Value (Rs.) 182.54
Face Value (Rs.) 10
MCap (Rs. in Mn) 50486.90
Price/Earning (TTM) 6.46
Price/Sales (TTM) 0.24
Price/Book (MRQ) 0.24
PAT Margin (%) 1.68
ROCE (%) 3.50
Incorporation Year : 1907

Management Info :

- Chairman Padmaja Chunduru - Managing Director

Registered Office :

Address : 5th Floor,66 , Rajaji Salai, ,
Chennai,
Tamil Nadu-600001

Phone : 91-044-25233111/25226699

Website : www.indianbank.in

Registrar's Details : Cameo Corporate Services Ltd
Subramanian Buildings No 1 ,Club House Road,,Chennai
Listing : BSE, NSE, MCX
NEWS More
03Apr04-03-2020$Indian Bank launches emergency credit facilities for agriculture sector Indian Bank launches emergen

Indian Bank has launched three emergency credit facilities for the agriculture sector which has been affected by the nationwide lockdown on account of Covid-19. The lender is providing funding to agri-processing units, which can avail loans up to 10 percent of their working capital limit.    

Borrowers in the poultry segment can avail loans to a maximum of 20 percent of their working capital limit and farmers cultivating crops / rearing animals and having KCC facility can avail 10 percent of the limit as soft loan. These loans will be given for a period of six months.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Indian Bank has launched three emergency credit facilities for..
03Apr04-03-2020$Indian Bank rises on launching emergency credit facilities for agriculture sector Indian Bank rises on launchi
Indian Bank is currently trading at Rs. 44.30, up by 0.40 points or 0.91% from its previous closing of Rs. 43.90 on the BSE.

The scrip opened at Rs. 46.00 and has touched a high and low of Rs. 46.00 and Rs. 43.50 respectively. So far 31538 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 292.35 on 04-Jun-2019 and a 52 week low of Rs. 41.70 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 50.00 and Rs. 42.05 respectively. The current market cap of the company is Rs. 4958.33 crore.

The promoters holding in the company stood at 83.46%, while Institutions and Non-Institutions held 10.50% and 6.04% respectively.

Indian Bank has launched three emergency credit facilities for the agriculture sector which has been affected by the nationwide lockdown on account of Covid-19. The lender is providing funding to agri-processing units, which can avail loans up to 10 percent of their working capital limit.    

Borrowers in the poultry segment can avail loans to a maximum of 20 percent of their working capital limit and farmers cultivating crops / rearing animals and having KCC facility can avail 10 percent of the limit as soft loan. These loans will be given for a period of six months.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Indian Bank is currently trading at Rs. 44.30, up by 0.40 point..
03Apr04-03-2020$Reliance Industries, Majesco and Earum Pharmaceuticals to see some action today Reliance Industries, Majesco

Reliance Industries’ board has approved the proposal for raising funds through issuance of Non-Convertible Debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basis. The Board of Directors of the company at its meeting held on April 2, 2020 has approved the same.

Majesco has completed the acquisition of InsPro Technologies Corporation, a U.S. based software leader in the life and annuity insurance market. InsPro Technologies brings an insurance administration and marketing system that supports group and individual business lines, and efficiently processes agent, direct market, worksite and website generated business.

Earum Pharmaceuticals’ board has approved to acquire Cedac Medicorp a partnership firm engaged in manufacturing of Pharmaceutical products. The company proposes to enter into an agreement to acquire its 55% stake i.e. of the partnership firm Cedac Medicorp manufacture's pharmaceutical products since its formation in 2017 and Cedac Medicorp is located at Ahmedabad. The Board Members of company in their meeting held on April 2, 2020, has considered and approved the same.

Cyient has been providing Telangana State Police with drone-based surveillance technology to help implement the COVID-19 related lockdown in Hyderabad. The technology is enabling the Police make lockdown-related announcements and organize their ground forces to monitor the situation in congested areas of the city.

Indian Bank has launched three emergency credit facilities for the agriculture sector which has been affected by the nationwide lockdown on account of Covid-19. The lender is providing funding to agri-processing units, which can avail loans up to 10 percent of their working capital limit. Borrowers in the poultry segment can avail loans to a maximum of 20 percent of their working capital limit and farmers cultivating crops / rearing animals and having KCC facility can avail 10 percent of the limit as soft loan.  

Sunshield Chemicals has commenced operations at Rasal Plant in Antioxidant division. The company will follow all the precautions necessary to ensure safety and well-being of its employees in its plant.

Cipla has successful completed Phase-3 clinical end-point study for fluticasone propionate and salmeterol inhalation powder (100/50 mcg). Fluticasone propionate and salmeterol inhalation powder 100/50 mcg, 250/50 mcg and 500/50 mcg are generic versions of GSK’s Advair Diskus.

Reliance Industries’ board has approved the proposal for rais..
31Mar03-31-2020$Indian Bank revises MCLRs Indian Bank revises MCLRs

Indian Bank has revised the Marginal Cost of Funds Based Lending Rates (MCLRs) with effect from April 01, 2020. The Bank has revised 1 year MCLR to 8.10% per annum (p.a.).

The Bank has also revised overnight, 1 month, 3 months and 6 months MCLR to 7.80% p.a., 7.85% p.a., 8.00% p.a. and 8.05% p.a., respectively. The bank has also revised Base Rate and BPLR to 9.15 and 13.40 respectively.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Indian Bank has revised the Marginal Cost of Funds Based Lendin..
27Mar03-27-2020$Indian Bank unveils five special emergency loans Indian Bank unveils five spe
Indian Bank has unveiled five special emergency loans for its customers, including corporate clients, Self-Help Groups, retail borrowers and pensioners. The five special emergency loans are -- the IND-COVID Emergency Credit Line for corporate customers, IND-MSE COVID Emergency loan for micro, small and medium enterprises, SHG- COVID (SAHAYA Loan) for self-help groups, IND-COVID emergency salary loan for retail borrowers and an emergency pension loan for pensioners.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.
Indian Bank has unveiled five special emergency loans for its c..
Financials More
Rs. in Millions
QTR Dec 19 ANNUAL 19
Net Profit2471.623219.52
Gross Profit 3895.35 2842.14
Operating Profit 19188.0448806.16
Net Sales 54669.85191848.13
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
peer group More
Bank Of India (BSE)
 32.50 (0.46%)
M.Cap ( in Cr)
10650.00
Indian Overseas Bank (BSE)
 7.06 (0.57%)
M.Cap ( in Cr)
11604.51
UCO Bank (BSE)
 9.09 (-0.66%)
M.Cap ( in Cr)
9015.77
Bank of Maharashtra (BSE)
 8.83 (-0.79%)
M.Cap ( in Cr)
5142.69
Punjab & Sind Bank (BSE)
 10.80 (-0.92%)
M.Cap ( in Cr)
757.14
Shareholding Pattern More
PROMOTERS 83.46 %
NON-INSTITUTION 6.04 %
MUTUAL FUNDS/UTI 5.79 %
FI/BANKS/INSURANCE 1.59 %
FII 0.42 %
GOVERNMENT 0 %
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