# Indian Bank share price today (Indian Bank, NSE: INDIANB)

> Indian Bank share price today: ₹849.65 at the NSE close on 3 November 2026, down 1.1% in a year. Indian Bank (NSE: INDIANB) is worth ₹1,14,379 crore, trades at a P/BV of 1.3 and has closed between ₹778.45 and ₹990.50 over the past 52 weeks. > Indian Bank's earnings have grown faster than its share price. Earnings per share grew +3.9% in a year while the price moved −1.1%. INDIANB · Banks - PSU · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/indian-bank

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹849.65 (−1.1% in a year)
- P/BV: 1.3× (higher than 90% of the last 11 years)
- Revenue (Sep 2026): ₹19,149 Cr (+15.2% on a year ago)
- Profit (Sep 2026): ₹3,541 Cr (+13.9% on a year ago)
- Net margin: 18.5% (−0.2 points on a year ago)
- ROE: 15%, FY26
- Gross NPA (bad loans): 1.61% (−0.99 points on a year ago)

The main question: results are strong, and the P/BV is higher than 90% of its own history. ## What is the Indian Bank share price today? Indian Bank's share price was ₹849.65 at the close on 3 November 2026. It has been rising for 13 weeks. That is 1.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹778 and ₹991, and at that close it sat 34% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 10 weeks in a row. Over the last 11 years the share price moved +1,000% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Indian Bank this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), bad loans at their lowest share in 16 quarters and foreign funds (FIIs) raised their stake for 5 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹19,149 crore, +15.2% on a year earlier. Why: Revenue rose because the bank made more loans, including loans backed by foreign currency deposits. Next results: check loan growth without the temporary loans backed by foreign currency deposits and whether the corporate loan pipeline turns into loans without looser lending checks. From the earnings call on 15 Oct 2026. 2. Bad loans at their lowest share in 16 quarters Gross NPA, the share of loans not being repaid, was 1.61% in the September 2026 quarter, from 2.6% a year earlier. Why: Bad loans fell because the bank recovered money from both large and small borrowers. Next results: check whether early stress loans keep falling and whether recoveries stay ahead of new bad loans. From the earnings call on 15 Oct 2026. 3. Foreign funds (FIIs) raised their stake for 5 quarters in a row From 4.5% to 6.9% of the company by the September 2026 quarter. ## What dividend does Indian Bank pay? Indian Bank paid ₹18.25 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 2.15% at the ₹849.65 close on 3 November 2026. The last was a dividend of ₹18.25 a share, ex-date 10 June 2026. ### Indian Bank dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 10 Jun 2026 | ₹18.25 | Dividend | same day |
| 10 Jun 2025 | ₹16.25 | Dividend | same day |
| 7 Jun 2024 | ₹12 | Dividend | same day |
| 12 Jun 2023 | ₹8.60 | Dividend | n/a |
| 14 Jun 2022 | ₹6.50 | Dividend | n/a |
| 8 Jul 2021 | ₹2 | Dividend | 9 Jul 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Indian Bank paid out 21% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Indian Bank's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Indian Bank reported total income of ₹19,149 crore, up 15.2% from ₹16,628 crore a year earlier, and a profit of ₹3,541 crore, up 13.9% from ₹3,109 crore. ### Indian Bank results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹19,149 crore | ₹16,628 crore | +15.2% |
| Profit | ₹3,541 crore | ₹3,109 crore | +13.9% |
| Earnings per share | ₹26.29 | ₹23.07 | +14.0% |
| Net margin | 18.5% | 18.7% | −0.2 points |
| Gross bad loans (gross NPA) | 1.61% | 2.60% | −0.99 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Indian Bank's management discussed these results on a call held on 15 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Indian Bank share price history? Indian Bank closed at ₹849.65 on 3 November 2026, down 1.1% from ₹858.70 a year earlier (31 October 2025) and up 391.6% over five years. Its highest weekly close since February 2016 was ₹990.50 on 27 February 2026. ### Indian Bank share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹837.15 | +1.5% |
| 1 month ago · 1 Oct 2026 | ₹793.15 | +7.1% |
| 6 months ago · 30 Apr 2026 | ₹851.85 | −0.3% |
| 1 year ago · 31 Oct 2025 | ₹858.70 | −1.1% |
| 3 years ago · 3 Nov 2023 | ₹430.40 | +97.4% |
| 5 years ago · 4 Nov 2021 | ₹172.85 | +391.6% |
| 10 years ago · 4 Nov 2016 | ₹206.00 | +312.5% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹77.25 | +999.9% |
| Highest weekly close since February 2016, also the 52-week high · 27 Feb 2026 | ₹990.50 | −14.2% |
| Lowest weekly close since February 2016 · 29 May 2020 | ₹43.75 | +1,842.1% |
| 52-week low (weekly close) · 26 Dec 2025 | ₹778.45 | +9.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (564 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Indian Bank? 3 Nov 2026: Indian Bank closed at ₹849.65, up 1.5% on the week and up 7.1% on the month. 15 Oct 2026: Indian Bank held its results call for July to September 2026. Management guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%. ### Earlier

- Results for July to September 2026: Total income up 15.2% and profit up 13.9% on a year earlier. - 10 Jun 2026: ex-date for a dividend of ₹18.25 a share. ## What did Indian Bank management say on the latest results call? On the call for July to September 2026, held on 15 October 2026, Indian Bank's management guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%. > “I am not chasing growth. I am not chasing growth. Growth of 12-13% is acceptable to me.”
> Vinod Kumar, MD & CEO, on the call for July to September 2026

### What management guided

- Rest-of-year advances growth expected at 14-15%, with corporate growth planned at 10-12%. - Q3 NIM expansion of 5-6 basis points. - Recovery expected to outperform unchanged guidance. - Total ECL credit-book impact expected at ₹3,500 crore; steady-state recurring credit-cost estimate 10-15 basis points. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4700/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 15 October 2026.)

## What to watch in Indian Bank's next results? When Indian Bank reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Deposit mix: check whether CASA gains offset FCNR-related sequential pressure and support the stated funding trajectory. - What to check (from the call)
- Deposit mix: check whether CASA gains offset FCNR-related sequential pressure and support the stated funding trajectory. - Advances: test growth excluding FCNR-backed loans and conversion of the corporate pipeline without weaker underwriting. - Margins: compare repo pass-through with deposit repricing lag and the expected sequential NIM expansion. - Credit quality: track SMA movement, recoveries versus slippages, and whether the ECL run-rate stays within management's assumptions. ## Which stock lists is Indian Bank on? Indian Bank is on 3 of our India lists: Momentum stocks, Dividend stocks and Bank stocks. - [Momentum stocks Market cap cr: 116546.32582322357](https://www.sectoralpha.in/momentum-stocks-india)
- [Dividend stocks Regular dividend yield (%): 2.11](https://www.sectoralpha.in/dividend-stocks-india)
- [Bank stocks Market value (₹ crore): 116546.32582322357](https://www.sectoralpha.in/sectors/bank-stocks-india)

## Is Indian Bank profitable? Indian Bank earned ₹3,541 Cr of net profit in the Sep 2026 quarter, +13.9% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹11,707 Cr. Over 10 years profit has grown 31.6% a year on average. That is 18.5% of the quarter's revenue. The same quarter a year earlier earned ₹3,109 Cr. For the full year, FY26 profit was ₹11,707 Cr (+3.9% on the year before). Why profit moved: revenue changed +15.2% on a year earlier and the margin moved −0.2 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +19.0% and revenue +11.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Indian Bank make, and is it growing? Indian Bank reported ₹19,149 Cr of income in the Sep 2026 quarter, +15.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 15.3% a year on average. The last full year, FY26, came in at ₹67,504 Cr. The last four reported quarters add to ₹71,834 Cr. FY26 revenue was ₹67,504 Cr, +8.8% on the year before. Recent pace: the last four quarters grew +11.3% on average, against 15.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +11.3%, against +10.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +17.2%, against +15.7% a year (stabilising). ## How much does Indian Bank keep from what it earns? Indian Bank's net margin was 18.5% in the Sep 2026 quarter, 0.2 percentage points lower than the same quarter a year ago. Across 13 years it has been between 2.0% and 18.2%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Indian Bank's loans have gone bad? Indian Bank's gross NPA, the share of loans that have stopped being repaid, is 1.61% in Sep 2026, down from 2.60% a year ago. After the money already set aside for bad loans, 0.14% is left (net NPA). That is the 11th quarter in a row of improvement. Across the 12 quarters on file it has been between 1.61% and 4.47%. Falling bad loans mean the loan book is healing; rising ones mean new damage. In Sep 2026, gross NPA was 1.61% and net NPA 0.14%, against 2.60% and 0.16% a year ago. In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up. Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown. ## How fast is Indian Bank's loan book growing? Indian Bank's revenue was ₹67,504 Cr in FY26, +8.8% on the year before, so the loan book is growing. The latest quarter was +15.2% on a year earlier. The net margin on that income is 18.5%, −0.2 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Indian Bank's P/BV ratio, and how does it compare with its own history? Indian Bank's P/BV is 1.3×, near the high end of its own history: higher than 90% of past readings. Its usual P/BV (the middle reading) is 0.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −1.1%. The price ran ahead of book value, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +37.5% a year; about +14.1% a year came from book-value growth and about +23.4 percentage points from the multiple (the market paying more); over 10 years the price moved +15.2% a year; about +7.3% a year came from book-value growth and about +7.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the book value trend underneath matters more than the multiple. ## Is the Indian Bank business getting better or worse? Indian Bank's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROE is steady at 15.2%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Indian Bank earn on its equity and assets? Indian Bank earned a return on equity of 15% in FY26. Its lowest yearly reading on file was 2% in FY19. On its assets, every ₹100 earned about ₹1.32, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 31.6% a year over 10 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Indian Bank have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Indian Bank shareholding pattern? Foreign institutions raised their stake in Indian Bank by 1.9 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.9% of the company. Domestic institutions moved −0.6 points over the same period, to 16.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.9 points over 8 quarters, to 6.9%; Domestic institutions: −0.6 points over 8 quarters, to 16.8%; Promoters: +0.0 points over 8 quarters, to 73.8%. Why the owners changed: foreign institutions drove it (+1.9 points), with the other side taken by domestic institutions (−0.6 points). They raised their stake step by step. ## How far is Indian Bank from balance-sheet trouble? For Indian Bank, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Indian Bank rank in its industry? 67.4 out of 100, rank 3 of 13 in Banks - PSU, with 100% of the evidence available. Indian Bank scores 67.4 out of 100 against the 13 companies it is compared with in Banks - PSU, ranking 3. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 23.7 + 17.4 + 9.4 + 16.9 = 67.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Indian Bank compared with? Indian Bank ranks 3 of 13 Banks - PSU companies on the 4-Factor Sector Score, with 67.4 out of 100. 1. [Bank of Maharashtra](https://www.sectoralpha.in/stocks/bank-of-maharashtra) MAHABANK · turning · Most evidence points up · 100% evidence 78.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Income 16.5% · Profit 31.5% · 100% evidence Capital efficiency 24.1/25 · ROA 1.9% · ROE 22.6% · GNPA 1.3% · 100% evidence Valuation 10.4/20 · P/BV 1.67× · P/BV÷ROE 0.07 · 100% evidence Relative strength 16.2/20 · Lead over its industry 18.3% · Lead over NIFTY 500 15.8% · 1 year 37.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 28.2 + 24.1 + 10.4 + 16.2 = 78.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indian Overseas Bank](https://www.sectoralpha.in/stocks/indian-overseas-bank) IOB · quiet · Most evidence points up · 78% evidence 69.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.0/35 · Income 15.5% · Profit 51.3% · 100% evidence Capital efficiency 17.0/25 · ROA 1.4% · ROE 15.6% · GNPA n/a · 72% evidence Valuation 14.3/20 · P/BV 1.37× · P/BV÷ROE 0.09 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.8% · 1 year -28.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 30 + 17 + 14.3 + 8 = 69.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Indian Bank this page INDIANB · turning · Most evidence points up · 100% evidence 67.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 11.3% · Profit 17.2% · 100% evidence Capital efficiency 17.4/25 · ROA 1.3% · ROE 15.4% · GNPA 1.6% · 100% evidence Valuation 9.4/20 · P/BV 1.34× · P/BV÷ROE 0.09 · 100% evidence Relative strength 16.9/20 · Lead over its industry 8.1% · Lead over NIFTY 500 5.5% · 1 year 0.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.7 + 17.4 + 9.4 + 16.9 = 67.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Union Bank of India](https://www.sectoralpha.in/stocks/union-bank-of-india) UNIONBANK · leader · Most evidence points up · 93% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.1/35 · Income 1.3% · Profit 19% · 100% evidence Capital efficiency 17.4/25 · ROA 1.4% · ROE 15.7% · GNPA n/a · 72% evidence Valuation 12.5/20 · P/BV 0.98× · P/BV÷ROE 0.06 · 100% evidence Relative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 13.3% · 1 year 25.1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 18.1 + 17.4 + 12.5 + 18.9 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Bank of India](https://www.sectoralpha.in/stocks/bank-of-india) BANKINDIA · turning · Evidence leans up · 93% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Income 8.6% · Profit 29.8% · 100% evidence Capital efficiency 11.4/25 · ROA 1.1% · ROE 12.4% · GNPA n/a · 72% evidence Valuation 16.0/20 · P/BV 0.64× · P/BV÷ROE 0.05 · 100% evidence Relative strength 8.9/20 · Lead over its industry -1.9% · Lead over NIFTY 500 -4.3% · 1 year -5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.1 + 11.4 + 16 + 8.9 = 63.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Punjab National Bank](https://www.sectoralpha.in/stocks/punjab-national-bank) PNB · leader · Evidence leans up · 73% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.0/35 · Income 3.9% · Profit 34% · 86% evidence Capital efficiency 12.3/25 · ROA 1.1% · ROE 13% · GNPA n/a · 72% evidence Valuation 13.1/20 · P/BV 0.88× · P/BV÷ROE 0.07 · 100% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 11.6% · 1 year 0% · 25% evidence · 12 of 12 weeks ahead Exact sum: 25 + 12.3 + 13.1 + 12 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Canara Bank](https://www.sectoralpha.in/stocks/canara-bank) CANBK · turning · Evidence leans up · 100% evidence 50.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Income 4% · Profit 16.1% · 100% evidence Capital efficiency 15.8/25 · ROA 1% · ROE 16.1% · GNPA 1.3% · 100% evidence Valuation 14.9/20 · P/BV 0.84× · P/BV÷ROE 0.05 · 100% evidence Relative strength 5.6/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -9.2% · 1 year -14.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.1 + 15.8 + 14.9 + 5.6 = 50.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [IDBI Bank Ltd](https://www.sectoralpha.in/stocks/idbi-bank-ltd) IDBI · losing its lead · Evidence leans down · 78% evidence 49.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.4/35 · Income 7% · Profit -10.6% · 100% evidence Capital efficiency 17.6/25 · ROA 1.9% · ROE 14.1% · GNPA n/a · 72% evidence Valuation 13.1/20 · P/BV 1.19× · P/BV÷ROE 0.08 · 100% evidence Relative strength 9.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -4.6% · 1 year -22.6% · 25% evidence · 6 of 12 weeks ahead Exact sum: 9.4 + 17.6 + 13.1 + 9.2 = 49.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 9. [Central Bank of India](https://www.sectoralpha.in/stocks/central-bank-of-india) CENTRALBK · turning · Evidence leans down · 85% evidence 48.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.5/35 · Income 12.4% · Profit 5.1% · 100% evidence Capital efficiency 8.8/25 · ROA 1% · ROE 11.9% · GNPA 2.4% · 100% evidence Valuation 18.2/20 · P/BV 0.62× · P/BV÷ROE 0.05 · 100% evidence Relative strength 8.3/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.6% · 1 year -27.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.5 + 8.8 + 18.2 + 8.3 = 48.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [State Bank of India](https://www.sectoralpha.in/stocks/state-bank-of-india) SBIN · turning · Evidence leans down · 80% evidence 47.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.3/35 · Income 5.5% · Profit 8.6% · 67% evidence Capital efficiency 14.5/25 · ROA 1.1% · ROE 15.4% · GNPA n/a · 68% evidence Valuation 11.3/20 · P/BV 1.43× · P/BV÷ROE 0.09 · 100% evidence Relative strength 9.0/20 · Lead over its industry 0.8% · Lead over NIFTY 500 -1.7% · 1 year 2.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 12.3 + 14.5 + 11.3 + 9 = 47.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Bank of Baroda](https://www.sectoralpha.in/stocks/bank-of-baroda) BANKBARODA · turning · Evidence leans down · 78% evidence 40.1 out of 100 Growth Capital Valuation Relative
12. [UCO Bank](https://www.sectoralpha.in/stocks/uco-bank) UCOBANK · basing · Evidence leans down · 100% evidence 38.1 out of 100 Growth Capital Valuation Relative
13. [Punjab & Sind Bank](https://www.sectoralpha.in/stocks/punjab-sind-bank) PSB · quiet · Evidence leans down · 94% evidence 36.4 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - PSU](https://www.sectoralpha.in/sectors/banks-psu), all 13 compared on one page. ## Which companies are close to Indian Bank in size? Indian Bank is the 5th largest of 13 Banks - PSU companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Union Bank of India, Punjab National Bank and Bank of Baroda. Just below it: Canara Bank, IDBI Bank and Bank of Maharashtra. ### Banks - PSU companies close in size

1. [Union Bank of India](https://www.sectoralpha.in/stocks/union-bank-of-india) ₹1,41,985 crore
2. [Punjab National Bank](https://www.sectoralpha.in/stocks/punjab-national-bank) ₹1,41,191 crore
3. [Bank of Baroda](https://www.sectoralpha.in/stocks/bank-of-baroda) ₹1,23,389 crore
4. Indian Bank ₹1,16,580 crore
5. [Canara Bank](https://www.sectoralpha.in/stocks/canara-bank) ₹1,06,616 crore
6. [IDBI Bank Ltd](https://www.sectoralpha.in/stocks/idbi-bank-ltd) ₹86,363 crore
7. [Bank of Maharashtra](https://www.sectoralpha.in/stocks/bank-of-maharashtra) ₹62,578 crore

[All 13 Banks - PSU companies, largest first](https://www.sectoralpha.in/sectors/banks-psu#all-companies)

### Companies close in size in other industries

1. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) ₹1,17,627 crore · Capital Goods - Electric General
2. [Polycab India Ltd](https://www.sectoralpha.in/stocks/polycab-india-ltd) ₹1,17,355 crore · Cables - Power
3. Indian Bank ₹1,16,580 crore
4. [Indian Hotels Co Ltd](https://www.sectoralpha.in/stocks/indian-hotels-co-ltd) ₹1,15,533 crore · Hotels
5. [HDFC Life Insurance Company Ltd](https://www.sectoralpha.in/stocks/hdfc-life-insurance-company-ltd) ₹1,14,039 crore · Finance - Insurance

## What else do people ask about Indian Bank? ### What is Indian Bank's share price today? Indian Bank's share price is ₹849.65, −1.1% over the past year. The whole company is worth ₹1,14,379 Cr on the market. In the last 52 weeks it traded between ₹778 to ₹991; today it is 34% of the way up from the low, 1.6% above its 200-day average (as of 3 November 2026). ### What were Indian Bank's latest quarterly results? Indian Bank reported total income of ₹19,149 Cr and net profit of ₹3,541 Cr for the Sep 2026 quarter. Income rose 15.2% and profit rose 13.9% compared with a year earlier. Earnings per share were ₹26.29. The net margin was 18.5%, 0.2 percentage points lower than a year earlier (as of 3 November 2026). ### What is Indian Bank's market cap? Indian Bank's market capitalisation is ₹1,14,379 Cr at a share price of ₹849.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Indian Bank performing? Indian Bank's share price has been rising for 13 weeks. In its latest quarter, income rose 15.2% and profit rose 13.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 10 weeks running (as of 3 November 2026). ### Will Indian Bank's share price go up? This page does not forecast Indian Bank's share price. What it shows instead: the share price is ₹849.65, and it has been rising for 13 weeks. Its P/BV of 1.3× is higher than 90% of its own last 11 years (as of 3 November 2026). ### Who owns Indian Bank? Promoters own 73.8% of Indian Bank, foreign institutions 6.9%, domestic institutions 16.8% and the public 2.5% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 1.9 percentage points over 8 quarters (as of 3 November 2026). ### Where is Indian Bank in its business cycle? Indian Bank's FY26 net margin was 17.3%, against a 13-year range of 2.0% to 18.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Indian Bank story? The main question: results are strong, and the P/BV is higher than 90% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Indian Bank a stock worth studying right now? What the numbers show: Indian Bank's earnings have grown faster than its share price. Earnings per share grew +3.9% in a year while the price moved −1.1%. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Indian Bank share price forecast for 2026? What management itself guided: FY27 deposits 11-12%, advances 13-14%, and CASA around 40%. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india
- Bank stocks: https://www.sectoralpha.in/sectors/bank-stocks-india

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