Indbank Merchant Banking Services Limited
Share Price Target & Analysis

NSE:INDBANK

33.78

VWAP

33.1

Open

33.67

Close

34.2

High

33.1

Low

47.15

52 Week High

33.82
0.15 (0.45%)

INDBANK

(FINANCIAL SERVICES)
29.5% Momentum

Turnaround Potential

28.25

52 Week Low

1.61

EPS

41.25

PE

1.54

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: INDBANK Share Price Financial Analysis & Valuation

Indbank Merchant Banking Services Limited (INDBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Finance - General vertical. It is one of Micro Cap company with Market Capitalization of Rs 109.4 (in Cr). Total number of free float shares are 4.4 (in Lacs). Indbank Merchant Banking Services Limited is listed on NSE with Exchange ID - INE841B01017 and trading code is NSE:INDBANK with short name Indbank Merchan.

In the past 1 year, Indbank Merchant Banking Services Limited has declared an equity dividend of Rs 0 per share. At the current share price of INDBANK at Rs 33.82, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:INDBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INDBANK underlying value and future prospects. All of this data is available in INDBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:INDBANK, it is clearly understood that INDBANK is Economical performer in terms of earnings and profit margins with an EPS of 1.61. NSE:INDBANK book value per share as of today is 21.96. The current price to book ratio for INDBANK as of May 20, 2026 is 1.54.

Valuation of the Stock: The current valuation of INDBANK stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDBANK whether to BUY this stock at current valuation. The delivery percentage of INDBANK is 51.75% is very crucial parameter which shows that 51.75% investors are anticipating that the price of INDBANK share should go up with VWAP at 33.78.

Now, the main question is whether to BUY or SELL, NSE:INDBANK at current valuation.
As per latest Analysis No. #2242:-

STRONG BUY INDBANK if All Greens

BUY INDBANK (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD INDBANK (With Stop Loss) if only 1 Green

SELL INDBANK if NO Green Indicator

NSE: INDBANK Share Price Today (May 20, 2026)

(Indbank Merchant Banking Services Limited Daily Analysis on the basis of INDBANK Intraday Graph & Trend)

Indbank Merchant Banking Services Limited share price moved Up by 0.45% from its previous close of Rs 33.67. INDBANK stock last traded price is 33.82. INDBANK share price trend is Up with a total of 23831 stocks traded till now. It has touched an intraday high of Rs 34.2 and an intraday low of Rs 33.1. The INDBANK trading at 33.82, Up by Rs. 0.15, or 0.45 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up.

NSE: INDBANK Share Price Tomorrow Prediction

(Indbank Merchant Banking Services Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDBANK)

Indbank Merchant Banking Services Limited share price moved Up by 0.45%. INDBANK share price short term trend is Up. It suggests that INDBANK Share Price for Tomorrow remains the same with VWAP at 33.78 will be treated as stop loss for intraday traders. Indbank Merchant Banking Services Limited Long term investors can follow the INDBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: INDBANK

INDBANK Share Price Today

33.82

INDBANK Share Price Target Prediction for 2026 ^

29.6 - 40

INDBANK Share Price Target Prediction for 2027*^

40 - 50.5

INDBANK Share Price Target Prediction for 2028*^

50.5 - 54

INDBANK Share Price Target Prediction for 2029*^

57

INDBANK Share Price Target Prediction for 2030*^

58

INDBANK Share Price Target Prediction for 2035*^

64
INDBANK Current Book Value 2025
21.9

*Indbank Merchant Banking Services Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^INDBANK share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

INDBANK Technical Analysis

Candlestick Pattern: @34.51

INDBANK Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 35.05 SELL 34.89 SELL
MA_12 34.92 SELL 34.92 SELL
MA_20 34.72 SELL 34.87 SELL
MA_32 35 SELL 34.68 SELL
MA_50 34.42 BUY 34.5 BUY
MA_100 32.97 BUY 34.86 SELL
MA_200 38.47 SELL 37.34 SELL

INDBANK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 34.72 Downtrend
MACD -0.04 SELL
ADX 12 NO or Weak Trend
DMI (+/-) 18.66 / 20.58 Downtrend

INDBANK Momentum Oscillators

BUY (2) NEUTRAL (6) SELL (4)
Momentum Oscillators Value Action
RSI 47.49 Neutral
STOCHASTIC_K (Fast) 17.74 Oversold
STOCHASTIC_D (Slow) 34.93 Neutral
CCI -62.92 Neutral
PSAR 33.28 BUY
TRUE RANGE 0.68 BUY
ATR 1.09 Neutral
WILLIAMS R -61.07 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 7.06 Oversold
MOMENTUM -0.99 SELL

INDBANK Last 1 Year Trend

Duration Value
1 Year -30.83%
3 Months 23.03%
1 Month -2.79%
1 Week -1%

INDBANK Technical Analysis Summary

Updated on 2025-07-11
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 23%
SELL 60%

Most popular Questions & Answers about INDBANK


Indbank Merchant Banking Services Limited stock last traded price is 33.82. INDBANK share price moved Up by 0.45% from its previous close of Rs 33.67.

Indbank Merchant Banking Services Limited share price trend is Up with a total of 23831 stocks traded till now. It has touched an intraday high of Rs 47.6215 and an intraday low of Rs 33.1. The INDBANK trading at 33.82, Up by Rs. 0.15, or 0.45 percent which suggests that most of the Traders are anticipating that the price of INDBANK share should go Up and the Stop Loss will be around 33.78.

The market cap of Indbank Merchant Banking Services Limited is ₹109.4 (in Cr) as of May 19, 2026.

The current price to earning ratio for Indbank Merchant Banking Services Limited as of May 19, 2026 is 41.25.

The current price to book ratio for Indbank Merchant Banking Services Limited as of May 19, 2026 is 1.54.

The highest price of Indbank Merchant Banking Services Limited stock is ₹47.15 in the last 52-week.

The lowest price of Indbank Merchant Banking Services Limited stock is ₹28.25 in the last 52-week.

Indbank Merchant Banking Services Limited share trading at ₹33.82, Up by Rs. 0.15, or 0.45 percent which suggests that most of the traders are anticipating that the price of INDBANK share should go Up.

In 2025, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹29.6 on downside and ₹40 on upside. Indbank Merchant Banking Services Limited share price target is based on current financial year earings of the company.

In 2026, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹40 on downside and ₹50.5 on upside. Indbank Merchant Banking Services Limited share price target is based on forecasted future earnings of the company.

In 2027, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) are ₹50.5 on downside and ₹54 on upside. Indbank Merchant Banking Services Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indbank Merchant Banking Services Limited (INDBANK) will be around ₹58 Indbank Merchant Banking Services Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDBANK.

The price of Indbank Merchant Banking Services Limited (INDBANK) shares moved by 0.45%. The short-term trend for INDBANK share price is Up. It implies that the share price of INDBANK will stay the same tomorrow and that intraday traders should treat VWAP at 33.78 as a stop loss. Investors with a long-term outlook can track INDBANK long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of INDBANK stock is 19.3. Compared to the current market price of 33.82 INR, the INDBANK stock is Overvalued by 42.9%.

As per the fundamental analysis of Indbank Merchant Banking Services Limited (INDBANK), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.61. Indbank Merchant Banking Services Limited book value per share as of today is 21.96. The current price to book ratio for INDBANK as of May 20, 2026 is 1.54.


NSE:INDBANK News & Other Useful Information about INDBANK Share Price


Peer Comparison of NSE: INDBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Finance - General

Company Price EPS BV
UGROCAP 98.07 7.3 161.65
ICICIPRULI 509.25 11.03 90.47
AAVAS 1358.20 82.6 611.74
MOTILALOFS 846.45 15.32 138.25
IIFL 464.00 27.12 168.9
CGCL 185.93 8.57 67.62
EDELWEISS 111.00 4.73 62.24
EQUITAS 120.30 11.2 50.46
INDOSTAR 194.32 35.06 248.98
MASFIN 309.70 20.04 158.56
Updated at: 20 May 2026 15:48

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