Category: Indian Bank

Nearly seventy companies, including Indian Bank, Tata Steel, BajajAuto and Tech Mahindra will declare their quarterly results for the period ended December 2023 on Wednesday.The other companies are Aarti Drugs, ACI Infocom, Ashutosh Paper Mills, Ausom Enterprises, Balkrishna Industries, Bharat Dynamics, Blue Dart Express, Birla Soft, Canara Bank, Care Rating, Ceat, Chalet Hotels, CMS Info, Container Corporation, CyberTech, Dalmia Bharat, DCB Bank, DLF, Eimco Elecon, Enbee Trade, Epigral, Exide Industries, Ginni Filaments, Heubach Colorants, Indian Infotech, Indosolar, Indostar, Infobeans Technologies, IOB, IOC, ISMT, JSW Holdings, Jupiter Infomedia, Kirloskar Pneumatics, Kolte Patil,…
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Source: https://www.thehindubusinessline.com/markets/quarterly-earnings-season-70-companies-including-indian-bank-and-tata-steel-set-to-reveal-december-2023-results-today/article67771293.ece/amp/

Indian Bank Share Price Today : The last day of trading for Indian Bank saw an open price of ₹445.75 and a close price of ₹445.65. The stock reached a high of ₹451.1 and a low of ₹431.3 during the day. The market capitalization of the bank is ₹59,515.6 crore. The 52-week high for the stock is ₹462.75 and the 52-week low is ₹253.35. The BSE volume for the day was 780,531 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

25 Jan 2024, 06:42 PM IST
Indian Bank share price NSE Live :Indian Bank closed today at ₹460.8, up 4.29% from yesterday’s ₹441.85
…
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Source: https://www.livemint.com/market/live-blog/indian-bank-share-price-live-blog-for-25-jan-2024/amp-11706150367569.html

Stocks of India’s state-owned companies maintained their upward trajectory for the second straight trading session today. The BSE PSU index, reflecting the performance of public sector enterprises, surged by 1.2% to reach 16,698 points. Notably, it rebounded from the previous day’s low of 15,838, marking a 5.2% recovery.

12 PSU stocks surged between 4% and 13% in today’s trade, and among these, RITES emerged as the top performer, with its shares surging nearly 13% in intraday trade to ₹652…
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Source: https://www.livemint.com/market/stock-market-news/psu-stocks-rites-indian-bank-ireda-irfc-railtel-ircon-nbcc-nlc-india-rail-vikas-and-others-surge-up-to-13/amp-11706159527065.html

Financial Results for the Quarter/Nine months ended as on 31st December 2023

Net Profit up by 52% YoY at Rs 2119 Cr in Dec’23 from Rs 1396 Cr in Dec’22 
Profit Before Tax up by 78% YoY at Rs 2747 Cr in Dec’23 from Rs 1546 Cr in Dec’22 
Operating Profit improved to Rs 4097 Cr in Dec’23 from Rs 4061 Cr in Dec’22
Net Interest Income increased by 6% YoY to Rs 5815 Cr in Dec’23 from Rs 5499 Cr in Dec’22
Fee based income grew by 21% YoY to Rs852 Cr in Dec’23 
Return on Assets (RoA) up by 31 bps to 1.11% in Dec’23 from 0.80% in Dec’22
Return on Equity (RoE) increased by 471 bps to 19.92% in Dec’23 from 15.21% in Dec’22
Yield on Advances (YoA) up by 59 bps to 8.78%…
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Source: https://www.psuconnect.in/news/indian-bank-net-profit-up-by-52-percent-in-q3-fy23-24/40946

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State-owned Indian Bank reported a 51.84 percent rise in its net profit to Rs 2,119.35 crore in the third quarter of financial year 2023-24. On a sequential basis, net profit of the lender rose 6.6 percent.
This was on the back of better asset quality and increase in fee based income.

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Asset quality
Gross non-performing assets (NPA) of the bank as of December 31, 2023, stood at 4.47 percent, as against 4.97 percent last quarter and 6.53 percent last year. The…
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Source: https://www.moneycontrol.com/news/business/indian-bank-net-profit-rises-51-8-to-rs-2119-35-crore-in-q3-12116091.html/amp

Indian Bank Share Price Today : On the last day, the Indian Bank’s open price was ₹445.75, the close price was ₹445.65, the high was ₹447.85, and the low was ₹431.3. The market capitalization of the bank was ₹59,212.54 crore. The 52-week high was ₹462.75, and the 52-week low was ₹253.35. The BSE volume for the day was 609,760 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

24 Jan 2024, 12:58 PM IST
Indian Bank Live Updates

24 Jan 2024, 12:41 PM IST
Indian Bank share…
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Source: https://www.livemint.com/market/live-blog/indian-bank-share-price-live-blog-for-24-jan-2024/amp-11706071800625.html