One of India’s top private sector banks is IndusInd Bank Ltd. Since its founding in 1994, the bank has grown to include over 2,000 branches and ATMs around the nation. In addition to savings and current accounts, loans, credit cards, insurance, and investment services are just a few of the financial services and products the bank provides. IndusInd Bank has received praise over the years for its client-centered strategy, cutting-edge goods, and tech-driven services. We shall look into IndusInd Bank’s operations, history, and performance in this article to better comprehend its place in the Indian banking sector.
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Contents
INDUSIND BANK IN RECENT NEWS
- In the past five sessions, the Sensex and Nifty have experienced a 3% decline as a result of bearish sentiments, with Asian Paints, L&T, and IndusInd Bank emerging as the top losers on Thursday.
- Sushma Group’s commercial projects have received an investment of Rs 140 crore from IndusInd Bank.
INDUSIND BANK SHARE PRICE TARGET 2023
| INDUSIND BANK SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| February 2023 | ₹1,105.25 | ₹850.19 |
| March 2023 | ₹828.94 | ₹637.64 |
| April 2023 | ₹911.83 | ₹701.41 |
| May 2023 | ₹759.86 | ₹584.51 |
| June 2023 | ₹911.83 | ₹701.41 |
| July 2023 | ₹1,094.20 | ₹841.69 |
| August 2023 | ₹1,203.62 | ₹925.86 |
| September 2023 | ₹1,263.80 | ₹972.15 |
| October 2023 | ₹1,203.62 | ₹925.86 |
| November 2023 | ₹1,323.98 | ₹1,018.45 |
| December 2023 | ₹1,482.86 | ₹1,140.66 |
According to the table above, IndusInd Bank’s share price prediction for 2023 shows an overall bullish trend, with a significant uptrend expected during the latter half of the year. The maximum price predicted for December 2023 is ₹1,482.86, indicating a growth percentage of approximately 64% from the minimum price recorded in February 2023.
The bank’s share price is predicted to remain on a positive trajectory with only minor fluctuations during the first half of the year. However, the real surge in the share price is expected from July 2023 onwards, with the maximum predicted price for September 2023 being ₹1,263.80, a growth percentage of approximately 30% from the minimum price recorded in September 2023.
INDUSIND BANK SHARE PRICE TARGET 2024
| INDUSIND BANK SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹1,560.90 | 1037.03 |
| February 2024 | ₹1,753.82 | ₹1,461.52 |
| March 2024 | ₹1,846.13 | ₹1,500.92 |
| April 2024 | ₹1,678.30 | ₹1,291.00 |
| May 2024 | ₹1,398.58 | ₹1,075.83 |
| June 2024 | ₹1,678.30 | ₹1,291.00 |
| July 2024 | ₹1,426.55 | ₹1,105.86 |
| August 2024 | ₹1,569.21 | ₹1,245.40 |
| September 2024 | ₹1,647.67 | ₹1,267.44 |
| October 2024 | ₹1,938.43 | ₹1,491.10 |
| November 2024 | ₹2,035.36 | ₹1,565.66 |
| December 2024 | ₹2,076.06 | ₹1,596.97 |
IndusInd Bank’s share price target for 2024 shows an overall positive trend with the maximum predicted price of ₹2,076.06 in December 2024, representing an approximate growth percentage of 74% from the minimum price recorded in January 2024. The minimum predicted price for January 2024 is ₹1,037.03.
The bank’s share price is expected to fluctuate throughout the year, with a steady increase projected from May 2024 onwards. The maximum predicted price in October 2024 is ₹1,938.43, representing a growth percentage of approximately 77% from the minimum price recorded in May 2024.
Overall, the maximum and minimum share price targets for 2024 indicate a positive trend for IndusInd Bank, with significant growth potential. It is important to keep in mind that these predictions are based on various market factors and may be subject to change. However, investors and shareholders can look forward to a positive outlook for IndusInd Bank’s share price in 2024.
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INDUSIND BANK SHARE PRICE TARGET 2025
| INDUSIND BANK SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹2,117.58 | ₹1,628.91 |
| February 2025 | ₹2,229.04 | ₹1,714.64 |
| March 2025 | ₹2,340.49 | ₹1,800.38 |
| April 2025 | ₹2,089.72 | ₹1,607.48 |
| May 2025 | ₹1,899.75 | ₹1,461.34 |
| June 2025 | ₹2,089.72 | ₹1,607.48 |
| July 2025 | ₹1,990.21 | ₹1,530.93 |
| August 2025 | ₹2,073.14 | ₹1,594.72 |
| September 2025 | ₹2,176.79 | ₹1,674.46 |
| October 2025 | ₹2,307.40 | ₹1,774.92 |
| November 2025 | ₹2,468.92 | ₹1,899.17 |
| December 2025 | ₹2,518.30 | ₹1,937.15 |
IndusInd Bank’s share price targets for the year 2025 shows a significant growth trend. The stock is expected to rise to a maximum target of ₹2,518.30 and a minimum target of ₹1,607.48. The year 2025 is likely to be bullish for IndusInd Bank’s stock, as the maximum price target shows a growth of over 20% from the previous year. The minimum price target also reflects a positive uptrend, which indicates a growth of around 18% from the previous year. Overall, based on the predictions, investors may expect a positive performance from IndusInd Bank’s stock in the year 2025.
INDUSIND BANK SHARE PRICE TARGET 2026 TO 2030
| INDUSIND BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹1,762.81 | ₹1,233.97 |
| 2027 | ₹1,498.39 | ₹1,048.87 |
| 2028 | ₹2,697.10 | ₹1,887.97 |
| 2029 | ₹5,540.26 | ₹3,878.18 |
| 2030 | ₹6,169.83 | ₹4,318.88 |
IndusInd Bank’s share price is expected to experience fluctuation in the coming years. The maximum price for 2026 is predicted to be around ₹1,762.81, while the minimum price is expected to be around ₹1,233.97. In 2027, the maximum price is expected to decrease to ₹1,498.39, while the minimum price is expected to be around ₹1,048.87. However, the bank’s share price is predicted to recover in 2028, with the maximum price expected to be around ₹2,697.10 and the minimum price around ₹1,887.97.
The upward trend is expected to continue in 2029 and 2030, with the maximum price predicted to be around ₹5,540.26 and ₹6,169.83, respectively, and the minimum price expected to be around ₹3,878.18 and ₹4,318.88, respectively. It is essential to note that these are only predictions based on the available data, and the actual share price may vary depending on various factors such as market conditions and company performance.
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FINANCIAL STRENGTH OF INDUSIND BANK (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Income | 38,230.07 | 35,500.68 | 35,735.50 | 27,907.87 | 22,030.85 |
| Total Income Growth (%) | 7.69 | -0.66 | 28.05 | 26.68 | 18.59 |
| Provisions & Contingencies | 8,293.13 | 8,942.07 | 6,370.96 | 4,787.12 | 3,050.12 |
| Provisions & Contingencies Growth (%) | -7.26 | 40.36 | 33.09 | 56.95 | 18.08 |
| Profit after Tax (PAT) | 4,805.04 | 2,930.10 | 4,458.18 | 3,300.75 | 3,606.12 |
| PAT Growth (%) | 63.99 | -34.28 | 35.07 | -8.47 | 25.74 |
| Net Interest Margin (%) | 3.73 | 3.72 | 3.92 | 3.18 | 3.38 |
| Net Profit Margin (%) | 15.58 | 10.10 | 15.48 | 14.82 | 20.86 |
| Basic EPS (₹) | 62.07 | 40.03 | 64.33 | 54.89 | 60.20 |
Looking at IndusInd Bank’s financial statements for the past five years, the company has seen overall growth in its revenue and profit figures. Total Income for FY2022 stood at ₹38,230.07 crore, an increase of 7.69% from the previous year. This was a positive sign after the slight dip of 0.66% in FY2021. The company also saw growth in its Profit After Tax (PAT) figures, which rose significantly by 63.99% in FY2022, reaching ₹4,805.04 crore.
However, there were fluctuations in the PAT growth figures in the previous years, with a dip of 34.28% in FY2021, but growth of 35.07% in FY2020. The company’s Provisions and Contingencies figures also fluctuated in the past years, with a significant increase of 40.36% in FY2021, while FY2022 saw a decrease of 7.26%.
IndusInd Bank’s Net Interest Margin (NIM) has remained relatively stable over the past five years, with FY2022 showing a NIM of 3.73%. The Net Profit Margin (NPM) has also seen growth over the years, with FY2022 recording an NPM of 15.58%, the highest among the past five years. The Basic EPS (Earnings Per Share) figures have been consistently positive over the past five years, with FY2022 seeing a figure of ₹62.07.
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FAQ’s
The maximum share price target of IndusInd Bank in 2023 is Rs.118628.52
The maximum share price target of IndusInd Bank in 2029 is Rs. 443220.42
What is the financial performance of IndusInd Bank in the last five years?
IndusInd Bank has shown steady growth in its financial performance in the last five years. Its total income, revenue growth, and PAT have consistently increased, while provisions and contingencies have decreased in some years. The bank has also maintained a healthy net interest margin and net profit margin.
CONCLUSION: INDUSIND BANK
With a consistent rise in revenue, IndusInd Bank has seen a notable improvement in its overall income. The bank’s PAT has also increased significantly, particularly in the most recent fiscal year, by 63.99%. But as time has gone on, so too have the provisions and contingencies, signaling growing risk exposure. The bank has still managed to keep up a respectable net interest margin and net profit margin.
Given these elements, shares of IndusInd Bank might represent a solid investment choice for long-term investors who are prepared to assume a modest level of risk. Yet, since any major rise could have an effect on the bank’s profitability, investors should keep a watch on the bank’s provisions and contingencies. A financial counsellor should be consulted before making any investments.
