Indian Bank (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Indian Bank |
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Price: ₹537.60 | ||
| 52 Week Low: ₹408.00 52 Week High: ₹632.70 |
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| Market Capital: 71,436.02 Crore (Largecap) | |||
| Financial Services -> Banks—Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Indian Bank Share Price Target For 2024
- 1.1.1: Indian Bank Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Indian Bank Share Price Target For 2025
- 1.2.1: Indian Bank Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Indian Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Indian Bank Brief Company Overview
- 4: Indian Bank Financial Performance
- 4.0.1: Is Indian Bank A Good Buy For Long Term?
To predict the Indian Bank's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Indian Bank Share Price Target For 2024
The line chart displays the monthly closing prices of Indian Bank with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indian Bank shares in 2024, see the table below.
Indian Bank Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 565.95 (+5.27%) | Price Action: 27 Nov 2024 High |
| 2024 Target 2 | 558.9 (+3.96%) | Price Action: 19 Dec 2024 High |
| 2024 Target 1 | 553.0 (+2.86%) | Price Action: 23 Dec 2024 High |
| Current Price | 537.60 | Indian Bank's share price as of 23 Dec 2024 |
| Stop Loss 1 | 531.04 (-1.23%) | Price Action: Aug 2024 Low |
| Stop Loss 2 | 525.45 (-2.27%) | Price Action: 22 Nov 2024 Low |
| Stop Loss 3 | 520.15 (-3.25%) | Price Action: 19 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Indian Bank is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹555.38 serves as the nearest technical reference point.
Historical Returns: 3-month: +2.5% | 6-month: +0.7% | 1-year: +30.51%
Indian Bank Share Price Target For 2025
The line chart displays the monthly closing prices of Indian Bank with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indian Bank shares in 2025, see the table below.
Indian Bank Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 711.16 (+32.28%) | Price Action: Chart |
| 2025 Target 2 | 697.9 (+29.81%) | Price Action: Chart |
| 2025 Target 1 | 690.99 (+28.53%) | Fibonacci Extension Level 64.90% |
| Current Price | 537.60 | Indian Bank's share price as of 23 Dec 2024 |
| Stop Loss 1 | 500.53 (-6.9%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 2 | 492.79 (-8.34%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 3 | 487.35 (-9.35%) | Price Action: Oct 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Indian Bank is currently trading at 57.7% of its 52-week range (₹408 - ₹632.7).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: +30.51% | 3-year: +322.92% | 5-year: +493.4%
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Approach 2: Machine Learning By Studying Historical Prices
Indian Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹537.60 | ||
| 2024 | ₹573.95 | +6.76% | ₹582.56 |
| 2025 | ₹743.96 | +29.62% | ₹824.58 |
| 2026 | ₹1,001.16 | +34.57% | ₹1,016.18 |
| 2027 | ₹1,291.79 | +29.02% | ₹1,311.17 |
| 2028 | ₹1,292.21 | +0.03% | ₹1,311.59 |
| 2029 | ₹1,307.48 | +1.18% | ₹1,525.39 |
| 2030 | ₹1,501.20 | +14.81% | ₹1,758.99 |
| 2031 | ₹1,847.85 | +23.09% | ₹1,992.60 |
| 2032 | ₹2,226.20 | +20.47% | ₹2,259.59 |
| 2033 | ₹2,108.80 | -5.27% | ₹2,162.80 |
| 2034 | ₹2,041.02 | -3.21% | ₹2,459.81 |
| 2035 | ₹2,258.45 | +10.65% | ₹2,693.41 |
| 2036 | ₹2,694.53 | +19.3% | ₹2,927.02 |
| 2037 | ₹3,160.62 | +17.29% | ₹3,208.03 |
| 2038 | ₹2,925.39 | -7.44% | ₹3,064.29 |
| 2039 | ₹2,656.12 | -9.2% | ₹3,394.22 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Indian Bank Brief Company Overview
Indian Bank: A Comprehensive Banking Provider Established in 1907, Indian Bank is a renowned financial institution offering a diverse range of banking products and services to Indian and NRI customers. Indian Bank caters to both retail and corporate clients,...
providing a wide array of deposit options such as savings accounts, term deposits, and NRI accounts. Its loan portfolio encompasses agriculture, personal, MSME, corporate, education, and NRI loans. Beyond traditional banking services, Indian Bank offers digital products, applications, and centralized pension processing services. It maintains a broad branch network in India and overseas, complemented by ATMs and BNAs. Indian Bank is committed to providing a technologically advanced and customer-centric banking experience. Its reputation for reliability and innovation has made it a trusted financial partner for individuals and businesses alike.Indian Bank Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 71,436.02 Crore | Market valuation of Indian Bank's shares. |
| Revenue (TTM) | 28,476.9 Crore | Total revenue generated by Indian Bank over the past twelve months. |
| Net Income (TTM) | +9,871.34 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +47.59% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +34.65% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+21.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+35.4% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.5 | Company's total debt divided by total shareholder equity. |
| Total Debt | 33,416.28 Crore | Sum of Indian Bank's current & long-term financial obligations. |
| Total Cash | 6,573.06 Crore | Total amount of liquid funds available to Indian Bank. |
| Beta | 0.91 | Beta is less than 1 indicating that the Indian Bank's price is less volatile than the market. |
Is Indian Bank A Good Buy For Long Term?
Indian Bank, a large-cap stock with a market capitalization of ₹71,436.02 crore, shows strong profitability (₹9,871.34 crore net profit in TTM) and impressive growth (35.4% YoY earnings increase in Q2 2024-25). However, a significant debt of ₹33,416.28 crore is a concern. While past returns are compelling (521.16% over three years), recent performance (-12.56% in the last three months) warrants caution. Considering the high debt and recent volatility, Indian Bank is an average buy for the long term, requiring further due diligence.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
