Is Indian Bank stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Indian Bank pays dividends. Last time was Thursday 11th of July 2024 where the investors holding the stock on Friday 7th of June 2024 were paid INR12 per share. Over the last 19 times between 2007 and 2024, Indian Bank has paid INR91.6 with an average of INR4.82 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Indian Bank 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR165.55, you would have made a profit of INR357.90 per share or 216.19%
Yes, the average daily trading liquidity for Indian Bank is INR1.57 million. You should therefore be able to get in and out of your positions relatively fast.
Indian Bank has no real debt, which is good in periods of high inflation. Indian Bank has a very good net profit margin of 26.40% and should have very high tolerances against inflation.
We have calculated the inflation risk for Indian Bank to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.