IndusInd Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
IndusInd Bank is a private sector bank in India that offers a range of financial products and services to its customers, including retail banking, corporate banking, investment banking, and wealth management services. The bank was founded in 1994 and is headquartered in Mumbai, India.
IndusInd Bank operates through a network of over 2,000 branches and ATMs across India, as well as a branch in London. The bank has a strong focus on customer service and has won several awards and recognitions for its banking services.
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Business Model of IndusInd Bank
The business model of IndusInd Bank is based on providing a range of financial products and services to its customers, primarily in India. The bank operates through a network of branches and ATMs across the country, as well as through online and mobile banking channels.
IndusInd Bank’s business model is centered around providing a personalized and differentiated banking experience to its customers. The bank offers a range of products and services for retail and corporate customers, including savings and current accounts, loans, credit cards, insurance, and wealth management services.
IndusInd Bank’s retail banking business focuses on providing customized financial solutions to individual customers, including savings and investment products, loans, and credit cards. The bank also offers specialized banking services for high net worth individuals (HNIs) and non-resident Indians (NRIs).
The bank’s corporate banking business focuses on providing customized banking solutions to corporate customers, including financing, cash management, and trade services. The bank also offers investment banking and advisory services to its corporate customers.
IndusInd Bank’s business model also includes a focus on technology and innovation, with the bank investing in digital banking channels and partnering with fintech companies to provide new and innovative products and services to its customers.
Shareholding of Induslnd Bank
shareholding pattern of IndusInd Bank was as follows:
- Promoter and Promoter Group: 14.68%
- Foreign Portfolio Investors: 44.84%
- Indian Public and Others: 20.43%
- Banks, Financial Institutions, and Insurance Companies: 9.23%
- Central Government/State Government(s)/President of India: 0.01%
- Non-Resident Indians: 5.81%
- Mutual Funds and UTI: 4.03%
- Alternative Investment Funds: 0.98%
Indulnd Bank Share
Induslnd Bank is a publicly listed company, and its shares are traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The company’s stock ticker symbol is INDUSINDBK.
As of May 11, 2023, Induslnd Bank’s share price on the NSE was INR 1,187.35/- Induslnd Bank Share 52 week high at Rs. 1275.80/- & 52 week low Rs.763.20/-. The P/E Ratio of Induslnd Bank Share is 12.38.
Company Name | Induslnd Bank Limited |
Share Name | INDUSINDBK |
Sector | Banking & Finance |
Headquater | Mumbai |
Foundation | 1994 |
Key Person | S.P Hinduja (MD & CEO) |
Market Cap | 92,141Crore INR |
Revenue | 36,367 Crore INR |
Official Website | Click Here |
Induslnd Bank Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
Year | First Target | Second Target |
2023 | 1190 | 1280 |
2024 | 1310 | 1560 |
2025 | 1600 | 1950 |
2026 | 2010 | 2340 |
2027 | 2390 | 2630 |
2028 | 2680 | 2960 |
2029 | 3520 | 3890 |
2030 | 3950 | 4160 |
2040 | 7450 | 8650 |
2050 | 12600 | 14200 |
Note:- “That these share price targets for “Induslnd Bank Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Induslnd Bank
Some key financial highlights 2022-23 were as follows:
- Net Interest Income (NII) increased by 9% compared to the same period in the previous year.
- The bank’s operating profit increased by 11% compared to the same period in the previous year.
- Net profit after tax for the nine months was INR 7389.72 crores, which was a increase of 60% compared to the same period in the previous year.
- Gross Non-Performing Assets (GNPAs) stood at 2%, which was a decrease compared to the same period in the previous year.
- The bank’s Capital Adequacy Ratio (CAR) was at 17.86%, which was above the regulatory requirement.
Induslnd Bank Share Price Target 2023
Embracing digital innovation, IndusInd Bank offers online and mobile banking services, ensuring seamless, 24/7 banking experiences for its customers. The bank’s comprehensive mobile app and secure internet banking platform have brought banking to the fingertips of its users.
Induslnd Bank Share price target 2023 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2023 | ₹1190 | ₹1280 |
Induslnd Bank Share Price Target 2024
The bank has consistently demonstrated strong financial performance, with steady growth in deposits and advances, indicating a robust financial structure. It is renowned for its strategic approach towards risk management and operational efficiency.
Induslnd Bank Share price target 2024 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2024 | ₹1310 | ₹1560 |
Induslnd Bank Share Price Target 2025
IndusInd Bank has received numerous accolades for its service excellence and innovative banking solutions. This includes awards for ‘Best Bank for SMEs’ and ‘Best Digital Bank’ which speaks volumes about its commitment towards its customers.
Induslnd Bank Share price target 2025 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2025 | ₹1600 | ₹1950 |
Induslnd Bank Share Price Target 2026
IndusInd Bank’s major strengths lie in its innovative banking solutions, customer-centric approach, and robust financial performance. It’s renowned for its quick service, transparency in transactions, and a wide range of products catering to diverse customer needs.
Induslnd Bank Share price target 2026 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2026 | ₹2010 | ₹2340 |
Induslnd Bank Share Price Target 2027
IndusInd Bank provides an array of personal banking services such as savings accounts, loans, credit cards, insurance, and investment solutions. It focuses on offering tailor-made products to cater to individual needs.
Induslnd Bank Share price target 2027 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2027 | ₹2390 | ₹2630 |
Induslnd Bank Share Price Target 2030
Future of IndusInd Bank will depend on a variety of factors, including its ability to adapt to changing market conditions and customer needs, its financial performance, and its ability to compete effectively with other banks in the industry.
Induslnd Bank Share price target 2030 are as follows –
Target Year | 1st Target | 2nd Target |
---|---|---|
2030 | ₹3940 | ₹4160 |
Joint venture & Subsidiaries of Induslnd Bank Limited
IndusInd Bank had several subsidiaries and joint ventures, including:
- Bharat Financial Inclusion Limited (BFIL): This is a subsidiary of IndusInd Bank, which provides microfinance services to underserved and underbanked populations in India.
- IndusInd Marketing and Financial Services Private Limited (IMFSPL): This is a subsidiary of IndusInd Bank, which provides distribution and marketing services for financial products.
- IndusInd Custodial Services Limited (ICSL): This is a subsidiary of IndusInd Bank, which provides custodial services for securities and other financial assets.
- IndusInd Investments Limited (IIL): This is a subsidiary of IndusInd Bank, which provides investment banking and advisory services.
- Indo Zambia Bank Limited (IZBL): This is a joint venture between IndusInd Bank and the Bank of Zambia, which provides banking services in Zambia.
- IndusInd Bank – Robocash: This is a joint venture between IndusInd Bank and the fintech company Robocash Group, which provides short-term consumer loans in India.
Dividends History of IndusInd Bank Share
IndusInd Bank has a good track record of paying dividends to its shareholders. Here is a brief overview of the company’s dividend history:
- In the financial year (FY) 2021-22, IndusInd Bank paid a total dividend of INR 85 per share.
- In the financial year (FY) 2020-21, IndusInd Bank paid a total dividend of INR 50 per share.
- In the previous fiscal year (FY 2019-20), the company paid a total dividend of INR 75 per share
Competitor of Induslnd Bank Limited
Key competitors of IndusInd Bank include:
- HDFC Bank: HDFC Bank is one of the largest private sector banks in India, with a wide range of products and services for retail and corporate customers.
- ICICI Bank: ICICI Bank is another major private sector bank in India, with a large customer base and a wide range of banking products and services.
- Axis Bank: Axis Bank is a private sector bank that offers a variety of financial products and services, including retail banking, corporate banking, and investment banking.
- State Bank of India (SBI): SBI is the largest public sector bank in India and offers a wide range of banking products and services to its customers.
- Kotak Mahindra Bank: Kotak Mahindra Bank is a private sector bank that offers a range of banking and financial products and services, including personal banking, corporate banking, and investment banking.
Other competitors of IndusInd Bank include public sector banks such as Punjab National Bank, Bank of Baroda, and Canara Bank, as well as other private sector banks such as Yes Bank, RBL Bank, and IDFC First Bank.
Future of Induslnd Bank Share
IndusInd Bank has a strong presence in the Indian banking industry, with a wide range of products and services for retail and corporate customers. The bank has also made efforts to expand its reach through strategic partnerships with fintech companies and other organizations.
However, the banking industry in India is highly competitive, and IndusInd Bank faces stiff competition from other private and public sector banks. The bank also faces challenges such as increasing regulatory requirements, changing customer preferences, and economic and market uncertainties.
To address these challenges and stay competitive, IndusInd Bank may need to continue to innovate and diversify its product offerings, improve customer experience, and strengthen its risk management practices. The bank may also need to explore new growth opportunities, such as expanding into new geographies or offering new services to its customers.
Risk of Induslnd Bank Share
Some risks that IndusInd Bank faces include:
- Credit risk: IndusInd Bank faces credit risk, which is the risk of default by borrowers on their loans and other credit facilities. The bank manages this risk by conducting rigorous credit assessments and monitoring of its loan portfolio.
- Market risk: IndusInd Bank is exposed to market risk, which is the risk of losses due to changes in market prices, interest rates, and exchange rates. The bank manages this risk by using various financial instruments and hedging strategies.
- Liquidity risk: IndusInd Bank faces liquidity risk, which is the risk of not having sufficient cash or liquid assets to meet its financial obligations. The bank manages this risk by maintaining sufficient reserves and managing its funding sources carefully.
- Operational risk: IndusInd Bank faces operational risk, which is the risk of losses due to inadequate or failed internal processes, systems, or human error. The bank manages this risk by implementing robust operational controls and monitoring systems.
- Regulatory and compliance risk: IndusInd Bank faces regulatory and compliance risk, which is the risk of fines, penalties, or reputational damage due to non-compliance with laws and regulations. The bank manages this risk by maintaining strong compliance controls and adhering to regulatory requirements.
FAQs –
The ticker symbol for IndusInd Bank shares on the National Stock Exchange (NSE) is INDUSINDBK, and on the Bombay Stock Exchange (BSE), it is 532187.
Several factors can impact IndusInd Bank’s share price, including its financial performance, industry trends, regulatory changes, economic and market conditions, and geopolitical developments. Investors should carefully consider these factors and consult with a financial advisor before making any investment decisions.
Next Target for Induslnd Bank share is Rs.1300/-
Target Price of Induslnd bank stock in 2030 is Rs.4100 to Rs.4300/- (approx)
In Year 2023, Prediction of Induslnd share is Rs.1190 to Rs.1280.