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IndusInd Bank Limited is currently in a long term uptrend where the price is trading 15.3% above its 200 day moving average.
From a valuation standpoint, the stock is 90.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.4.
IndusInd Bank Limited's total revenue rose by 3.9% to $51B since the same quarter in the previous year.
Its net income has dropped by 36.6% to $8B since the same quarter in the previous year.
Finally, its free cash flow grew by 740.9% to $351B since the same quarter in the previous year.
Based on the above factors, IndusInd Bank Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE095A01012 |
Sector | Financial Services |
Industry | Banks - Regional |
PE Ratio | 8.53 |
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Target Price | 936.6342 |
Dividend Yield | 2.1% |
Beta | 0.91 |
Market Cap | 639B |
IndusInd Bank Limited engages in the provision of various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense, and corporate salary; fixed and FCNR, sweep in/out, time and term deposits; and senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products. It also provides home, personal, gold, car, two-wheeler, commercial vehicle, professional, agricultural, and medical equipment loans, as well as loans against properties and securities; credit cards; micro-finance, working capital, and MSME and business loans, as well as loans to merchants and retailers, and loan on credit cards. In addition, the company offers transaction banking services, including letters of credit/guarantees, structured trade and export finance, and import finance solutions, as well as cash management and remittance services; safe deposit lockers; investment products, such as demat account, mutual fund, gold bond, national pension system, and equity trading; project finance, supply chain financing; investment advisory, strategic mergers and acquisitions, and other advisory services; and health, general, life, and card protection insurance. Further, it provides debit, prepaid, forex, and commercial cards; individual outward remittances, foreign currency bank notes and demand drafts, and travelers cheques; financial inclusion products; trade and foreign exchange accounts; real estate developer financing and bullion services; correspondent banking services; and forex and derivative desk, information and advisory, and remittances through forex channel services. The company was incorporated in 1994 and is based in Mumbai, India.
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