Indian Bank
INDIANB

246.95

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

246.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 246.00

Last updated on 17-Jan-2017

We recommend ACCUMULATE on account of lower provisioning and lower slippages guidance. We expect operational benefits in the form of lower credit costs and higher earnings. The stock trades at ~1.2x FY17E P/BV multiple. (Target: Rs 260)
Detailed View
50 DMA (.)
235.40
100 DMA (.)
227.97
200 DMA (.)
178.05
Weekly Range (.)
236.20
251.95
Monthly Range (.)
196.50
251.95
52 Weeks Range (.)
75.30
276.40
Detailed Chart