Indbank Merchant Banking Services Limited engages in the provision of merchant banking, stock broking, depository participant, and allied services in India. The company offers merchant banking services for public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates. It also provides advisory services for valuation of shares and other financial instruments, syndication of loans, acquisitions, and mergers and amalgamations, as well as for project counseling, appraisal, and feasibility studies. In addition, the company offers stock broking services in the cash, derivatives, and wholesale debt market segments for retail and institutional investors, as well as in cash segment; online trading services; and depository participant activities, as well as distributes mutual funds and other investment products. Indbank Merchant Banking Services Limited was incorporated in 1989 and is based in Chennai, India. Indbank Merchant Banking Services Limited is a subsidiary of Indian Bank.
Research context
Indbank Merchant Banking Services Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Financial Services
- Industry
- Capital Markets
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5 years, 6 months ago
Indbank Merchant Banking Services Ltd is currently in a long term uptrend where the price is trading 67.6% above its 200 day moving average.
From a valuation standpoint, the stock is 85.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.0.
Indbank Merchant Banking Services Ltd's total revenue rose by 32.9% to $26M since the same quarter in the previous year.
Its net income has increased by 97.1% to $16M since the same quarter in the previous year.
Finally, its free cash flow grew by 35.9% to $29M since the same quarter in the previous year.
Based on the above factors, Indbank Merchant Banking Services Ltd gets an overall score of 5/5.